The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Debits Credits $11,000 Accounts Receivable 6,200 Supplies 2,200 Equipment 19,000 Accumulated $ 6,600 Depreciation Salaries 9,100 Payable Common Stock 16,000 Retained 6,700 Earnings Totals $38,400 $38,400 The following is a summary of the transactions for the year: 1. March 2. May 3. June 4. August 12 Provide services to account. customers, $42,000, of which $19,200 is on 2 Collect on accounts receivable, $16,200. 30 Issue shares of common stock in exchange for $5,000 cash. 1 Pay salaries of $9,100 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,200. 6. October 19 Purchase equipment for $6,200 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $16,100. Depreciation for the year on the equipment is $3,200. Office supplies remaining on hand at the end of the year equal $1,200.