The general ledger of the Marlin Company, a consulting and marketing company, at lanuary 1, 2019, contained the following account balances: Account Title Debits Credits Cash 25,000 Accounts receivable 15,000 Inventory 13,000 Equipment 20,000 Accumulated depreciation 6,000 Salaries payable 9,000 Accounts payable 8,000 Common Stock 40,500 Retained Earnings 9,500 Total 73,000 73,000 C The following is a summary of the transactions for the year a Sales of services, $100,000, of which $30,000 was on credit b. Cash sales of Inventory, $20,000, of which they purchased for $10,000 Collected on accounts receivable, 527,300, d. Issued shares of common stock in exchange for $10,000 in cash. e Paid salaries, 550,000 (of which $9,000 was for salaries payable). f. Paid miscellaneous expenses, 524,000. & Purchased equipment for $15,000 in cash h. Purchased Inventory on account for $5,000 and paid shipping of $800 Pald $2,500 in cash dividends to shareholders I REQUIRED 1 Set up the necessary T-accounts and enter the beginning balances from the trial balance 2. Prepare a general journal entry for each of the summary transactions listed above using the attached general Journal