The general ledger of the Karlin Company, a consulting company, at January 1, 2018, contained the following account balances Account Title Cash Accounts receivable Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Total Debits Credits 31,700 13,000 21,000 6,300 7,500 44,000 7,900 65,700 65,700 The following is a summary of the transactions for the year: a. Sales of services, $114,000, of which $34,200 was on credit. b. Collected on accounts receivable, $23,800 c. Issued shares of common stock in exchange for $11,000 in cash d. Paid salaries, $41,500 (of which $7,500 was for salaries payable) e. Paid miscellaneous expenses, $22,400 f. Purchased equipment for $13,000 in cash g. Paid $2,750 in cash dividends to shareholders 1. Accrued salaries at year-end amounted to $830 2. Depreciation for the year on the equipment is $2,100 3. Post the transactions, adjusting and closing entries into the appropriate t-accounts