The trial balance of Pacilio Security Services, Inc. as of January 1, Year 1, was as follows: Cash $8.500 Land $4,000 Notes Payable $5,000 Common Stock $6,000 Retained Earnings S1.500 During Year 1, Pacilio Security Services experienced the following transactions: 1. Acquired an additional $2,000 from the issue of common stock. 2. Paid $3,000 on the debt owed to the Small Business Government Agency. The loan is interest-free. 3. Performed $21,000 of security services for numerous local events during the year; $15,000 was on account and $6,000 was cash. 4. On May 1, rented a small office building. Paid $2,400 for 12 months' rent in advance. 5. Purchased supplies on account for $650. 6. Paid salaries expense for the year of $8,000. 7. Incurred other operating expenses on account, S6,200. 8. On September 1, Year 1, a customer paid $600 for services to be provided over the next six months. 9. Collected $13,500 of accounts receivable during the year. 10. Paid $5,800 on accounts payable. 11. Paid $1,500 of advertising expenses for the year. 12. Paid a cash dividend to the shareholders of $1,000. 13. The market value of the land was determined to be $5,000 at December 31, Year 1. Information for Adjustments 14. There was $65 of supplies on hand at the end of the year. 15. Recognized the expired rent. 16. Recognized the revenue earned from Transaction 8. 17. Accrued salaries were $1,200 at December 31, Year 1. A. Record the above transactions in an accounting equation. Provide the appropriate account titles for the amounts shown in the Retained Earnings column. Notes: 1. For the examples, see Chapter 1 p. 17-20: Chapter 2 pp. 74-78, pp. 84-89. II. Use the following format to record the transactions (the first transaction is recorded). Pacilio Security Services, Inc. Event Cash Acct. Supp Rec. Pp. Rent Land Accts. Pay Sal. 1 Uncar. Notesi Com Ret. Acct. Pay Rev. Pay Earn Titles Stoc k NA 5.000 6,00 1.500 B. Prepare the following for Year 1: income statement statement of changes in stockholders' equity balance sheet statement of cash flows