The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounta Cash Accounts Receivable Debits Credits $15,500 7,100 Supplies Equipment Accumulated Depreciation Salaries Payable. Common Stock Retained Earnings Totals 3,100 10,500 $ 3,200 5,200 20,500 7,300 $36,200 $36,200 The following is a summary of the transactions for the year: 1. March 2. May 3. June 4. August 12 Provide services to customers, $51,000, of which $20,100 is on account. 2 Collect on accounts receivable, $17,100. 30 Issue shares of common stock in exchange for $6,000 cash. 1 Pay salaries of $5,200 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,100. 6. October 19 Purchase equipment for $7,100 cash. 7. December 30 Pay $1,100 cash dividends to stockholders.