Valenzuela Corporation€™s financial position is represented by the nine balances shown on the first line of the following schedule ($ in thousands). Assume that a single transaction took place for each of the following lines, and describe what you think happened, using one short sentence for eachline.

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Accounts Accounts Accrued Wages Unearned Pald-in Retained Rent Revenue Capltal Earnings Payable $0 0 Cash Recelvable Inventory Equipment Payable $32 32 32 32 $54 $0 $29 29 $55 65 85 85 85 85 85 85 85 85 85 85 $21 21 21 21 36 28 Ba $19 (1) 29 (2) 29 (3) 29 (4A) 29 (4B) 29 (5) 34 (6) 14 (7) 19 (8) 19 (9)19 (10) 19 0 20 20 20 0 41 41 41 41 0 0 58 58 58 42 42 42 42 42 42 21 21 21 21 28 28 26 25 27 58 58 19 5 19