[The following Information applies to the questions displayed below.) The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the bumineon when it acquired $49,000 cash from the incue of common stock. Feb. 1 Paid rent for office space for two years, $15,600 cash. Apr. 10 Purchased $790 of supplies on account. July 1 Received $27,500 cash in advance for services to be provided over the next year. 20 Paid $593 of the accounts payable from April 10. Aug. 15 Billed a customer $9,200 for services provided during August. Sept. 15 Completed a job and received $3,200 cash for services rendered. Oot. 1 Paid employee salaries of $31,000 cash. 15 Received $8,200 cash from accounts receivable. Nov. 16 milled customers $31,500 for services rendered on account. Doc. 1 Paid a dividend of $1,000 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,350 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (Sea February 1.) 31 Physically counted supplies $60 was on hand at the end of the period. b. Post the transactions to T-accounts and calculate the account balances. (Round your answers to the nearest whole dollar amount.) Acoounts Racolvable Beg. Bal. Beg. Bal. End. Bal 0 End. Bal. 0 Prepaid Rent Supplies Beg. Bal Beg Bal End. Bal. 0 0 End. Bal. Accounts Payable Unearned Revenue Bog. Bal. Beg Bal. 0 0 End Ball Salarios Payablo Common Stock Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal. 0 Dividends Service Revenue Beg. Bal. Beg Bal. End. Bal. 0 0 End. Bal. 0 Rent Expenso Salaries Expenso Beg. Bal. Beg Bal End. Bal. End. Bal. Supplies Expense Beg. Bal. End. Bal. 0 c. Prepare a trial balance. (Round your final answers to the nearest whole dollar amount. SMITH TRAINING COMPANY Tral Balance December 31, Year 1 Account Titles Debit Credit 0 GA $ Totals 0 d. Prepare the income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows fc Year 1. (Round your final answers to the nearest whole dollar amount. Statement of Cash Flows only, Items to be deducted must be indicated with a negative amount.) SMITH TRAINING COMPANY Financial Statements For the Year Ended December 31, Yoar 1 Income Statement Expenses Total expenses 0 0 $ Statement of Changes in Stockholders' Equity 0 Total Carbon SMITH TRAINING COMPANY Balance Sheet As of December 31, Yaar 1 Assets $ 0 Total assets Liabilities $ 0 Total liabilities Stockholders' Equity 0 Total stockholders' equity Total liabilities and stockholders' equity $ SMITH TRAINING COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: $ 0 Net cash flows from operating activities Cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities 0 0 Ending cash balance $ 0