The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals Debits Credits $17,000 7,400 3,400 12,000 $ 3,800 5,800 22,000 8,200 $39,800 $39,800 The following is a summary of the transactions for the year: 1. March 2. May 3. June 12 Provide services to customers, $54,000, of which $20,400 is on account. 2 Collect on accounts receivable, $17,400. 30 Issue shares of common stock in exchange for $6,000 cash. 4. August 1 Pay salaries of $5,800 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,400. 6. October 19 Purchase equipment for $7,400 cash. 7. December 30 Pay $1,100 cash dividends to stockholders. 11. Prepare a post-closing trial balance. RED STORM CLEANERS Post-Closing Trial Balance Accounts December 31, 2021 Debit Credit