Whispering Winds Corp. prepares quarterly financial statements. The post-closing trial balance at December 31, 2016, is presented below.

WHISPERING WINDS CORP. Post-Closing Trial Balance December 31, 2016
		Debit		Credit
Cash		$22,340
Accounts Receivable		20,610
Allowance for Doubtful Accounts				$1,100
Equipment		18,400
Accumulated DepreciationEquipment				13,800
Buildings		92,000
Accumulated DepreciationBuildings				13,800
Land		18,400
Accounts Payable				11,380
Common Stock				82,800
Retained Earnings				48,870
		$171,750		$171,750

During the first quarter of 2017, the following transactions occurred:

1.		On February 1, Sheffield collected fees of $11,040 in advance. The company will perform $920 of services each month from February 1, 2017, to January 31, 2018.
2.		On February 1, Sheffield purchased computer equipment for $8,280 plus sales taxes of $552. $2,760 cash was paid with the rest on account. Check #455 was used.
3.		On March 1, Sheffield acquired a patent with a 10-year life for $8,832 cash. Check #456 was used.
4.		On March 28, Sheffield recorded the quarters sales in a single entry. During this period, Sheffield had total sales of $128,800 (not including the sales referred to in item 1 above). All of the sales were on account.
5.		On March 29, Sheffield collected $122,360 from customers on account.
6.		On March 29, Sheffield paid $15,060 on accounts payable. Check #457 was used.
7.		On March 29, Sheffield paid other operating expenses of $89,720. Check #458 was used.
8.		On March 31, Sheffield wrote off a receivable of $180 for a customer who declared bankruptcy.
9.		On March 31, Sheffield sold for $1,490 equipment that originally cost $10,120. It had an estimated life of 5 years and salvage of $920. Accumulated depreciation as of December 31, 2016, was $7,360 using the straight line method. (Hint: Record depreciation on the equipment sold, then record the sale.) Record the journal entries for transactions 1-9.