The general ledger of Red Storm Cleaners at January 1, 2021, Includes the following account balances: Credits Debits $19,000 7,800 3,800 14,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals $ 4,600 6,600 24,000 9,400 $44,600 $44,600 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $58,000, of which $20,800 is on account. 2. May 2 Collect on accounts receivable, $17,800. 3. June 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 38 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 the providing of services to customers, $58,000, of which $20,800 is on account. 2 Record the collection on accounts receivable, 17,800. 3 Record the issuance of common stock in exchange for $4,000 cash. 4 Record the payment of salaries of $6,600 from 2020 (prior year). 5 Record the payment for repairs and maintenance expenses, $12,800. 6 6 Record the purchase of equipment for $7,800 cash. 7 Record the payment of $1,200 for cash dividends to stockholders. 8 Record the adjusting entry for salaries. 9 Record the adjusting entry for depreciation. 10 Record the adjusting entry for supplies remaining on hand at the end of the year equal to $1,100. 11 Record the closing entry for revenue. 12 Record the closing entry for expenses. 13 Record the closing entry for cash dividends. General Journal General Ledger Trial Balance Income Statement Balance Sheet Requirement Choose the appropriate accounts to be reported on the income statement. The unadjusted, will appear for each account, based on your selection. Unadjusted Red Storm Cleaners Income Statement For the Year Ended December 31, 2021 Revenues: Total Revenues 0 Expenses: Total Expenses $ $ 0