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 Debit Credits $16,000 7,200 3,200 11,000 $ 3,400 5,400 21,000 7,600 $37, 400 $37,400 The following is a summary of the transactions for the year. 1. Marek 12. Provide services to customers, $52,000, of whick $20,200 is on account. 2. May 2 Collect on accounts receivable, $17,200. 3. June 30 Inace shares of common stock in exchange for $4,000 cash. 4. August 1 Pay walaries of $5,400 from 2020 (prior year) 5. September 25 Pay repairs and maintenance expenses, $12,200. 6. October 19 Purchase equipment for $7.200 cash. 7. December 30 Pay $1,200 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $21,000. Depreciation for the year on the equipment is $4,200, Office supplies remaining on hand at the end of the year equal $1,100. 1. December 30 Pay The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $21,000. Depreciation for the year on the equipment is $4,200. Office supplies remaining on hand at the end of the year equal $1,100. General General Requirement Income Trial Balance Ledger Balance Sheet Journal Statement 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as Items 1 - 7). Review the "General Ledger and the Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal' tab (these are shown as items 8-10). 3. Review the adjusted Trial Balance' as of December 31, 2021. 4. Prepare an income statement for the period ended December 31, 2021, in the 'Income Statement tab. 5. Prepare a cassified balance sheet as of December 31, 2021 in the Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as Items 11-13). es