IThe following information applies to the questions displayed belowj The general ledger of Jackrabbit Rentals at January 1, 2018, includes the following account balances: Credits Accounts Debits Cash 58,500 Accounts Receivable 42,700 Land 127,800 17000 Accounts Payable 47000 Notes Payable Common Stock 117,000 48,000 Retained Earnings Totals $229,000 $229,000 The following is a summary of the transactions for the year: a. January 12 Provide services to customers on account, $79,400. b. February 25 Provide services to customers for cash, $83,800. c. March 19 Collect on accounts receivable, $47,400. d. April 30 lissue shares of common stock in exchange for $47,000 cash. e. June 16 Purchase supplies on account, $15,500. f July 7 Pay on accounts payable, $13,000. g. September 30 Pay salaries for employee work in the current year, $81,200. h. November 22 Pay advertising for the current year, $24,200. i. December 30 Pay $4,600 cash dividends to stockholders. Accrued interest on the notes payable at year-end amounted to $4,200. Accrued salaries at year-end amounted to $3,200. Supplies remaining on hand at the end of the year equal $4,000