The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances:

Accounts	Debits		Credits
Cash	$	10,000
Accounts Receivable		6,000
Supplies		2,000
Equipment		20,000
Accumulated Depreciation					$	7,000
Salaries Payable						9,500
Common Stock						15,000
Retained Earnings						6,500
Totals	$	38,000			$	38,000

The following is a summary of the transactions for the year:

1.		March		12		Provide services to customers, $40,000, of which $19,000 is on account.
2.		May		2		Collect on accounts receivable, $16,000.
3.		June		30		Issue shares of common stock in exchange for $6,000 cash.
4.		August		1		Pay salaries of $9,500 from 2020 (prior year).
5.		September		25		Pay repairs and maintenance expenses, $11,000.
6.		October		19		Purchase equipment for $6,000 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 $15,700. Depreciation for the year on the equipment is $3,000. Office supplies remaining on hand at the end of the year equal $1,000.