The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Debits Credits $19,000 7,800 Supplies 3,800 Equipment 14,000 Accumulated Depreciation $ 4,600 Salaries Payable Common Stock Retained Earnings Totals 6,600 24,000 9,400 $44,600 $44,600 The following is a summary of the transactions for the year: 1. March 2. May 3. June 12 Provide services to customers, $58,000, of which $20,800 is on account. 2 Collect on accounts receivable, $17,800. 30 Issue shares of common stock in exchange for $4,000 cash.. 4. August 1 Pay salaries of $6,600 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,800. 6. October 19 Purchase equipment for $7,800 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 $20,400. Depreciation for the year on the equipment is $4,800. Office supplies remaining on hand at the end of the year equal $1,100. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet 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.