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[The following information applies to the questions displayed below.] Green Wave Company plans to own and operate a storage rental facility. For the first month of operations, the company has the following transactions. 1. January 1 Issue 10,000 shares of common stock in exchange for $37,000 in cash. 2. January 5 Purchase land for $21, 500. A note payable is signed for the full amount. 3. January 9 Purchase storage container equipment for $8, 500 cash. 4. January 12 Hire three employees for $2, 500 per month. 5. January 18 Receive cash of $12,500 in rental fees for the current month. 6. January 23 Purchase office supplies for $2, 500 on account. 7. January 31 Pay employees $7,500 for the first month's salaries. 3. Prepare a trial balance. GREEN WAVE COMPANY Trial Balance Accounts Debit Credit Cash Supplies Land Equipment Accounts Payable Notes Payable Common Stock Service Revenue Salaries Expense Totals $ 0