Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2021 (the end of its fiscal year). Monty Corp. Trial balance December 31, 2021 Debit Credit Cash $ 7,300 Accounts Receivable 15,800 Supplies 13,100 Prepaid Rent 2,600 Equipment 19,500 Accounts Payable $17,000 Common Stock 30,000 Retained Earnings 11,300 $58,300 $58,300 Summarized transactions for January 2022 were as follows. 1. Advertising costs, paid in cash, $1,050. 2. Additional supplies acquired on account $4,240. 3. Miscellaneous expenses, paid in cash, $1,620. 4. Cash collected from customers in payment of accounts receivable $12,700. 5. Cash paid to creditors for accounts payable due $12,180. 6. Repair services performed during January: for cash $6,410; on account $9,060. 7. Wages for January, paid in cash, $2,000. 8. Dividends during January were $2,670. Open T-accounts for each of the accounts listed in the trial balance, and enter the opening balances for 2022. Bal. Cash 7,300 Bal. Accounts Receivable 16850 Bal. 15,800 Bal. $21,760 Supplies Bal. 13,100 Prepaid Rent Bal. 2,600 Equipment Bal. 19,500 Accounts Payable Bal. $17,000 Bal. $4,240 Bal. Common Stock 30,000 Retained Earnings Bal. 11,300