Problem 3-8A (Algo) Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL) The general ledger of Black Cloud Cleaners at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. March 12 2. May 2 3. June 30 4. August 1 5. September 25 6. October 19 7. December 30 Provide services to customers, $54,000, of which $20,400 is on account. Collect on accounts receivable, $17,400. Issue shares of common stock in exchange for $6,000 cash. Pay salaries of $5,800 from 2023 (prior year). Pay repairs and maintenance expenses, $12,400. Purchase equipment for $7,400 cash. Pay $1,100 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is $4,400. Office suppli remaining on hand at the end of the year equal $1,200