$\backslash$table$[[$Accounts payable,$13,200,$Income tax payable,$4,400],[$Accounts receivable,$29,100,$Insurance expense,$3,400],[$Accumulated depreciation$-$equipment,$5,200,$Prepaid insurance,$2,300],[$Cash$,17,400,$Rent expense,$5,800],[$Common shares,$12,070,$Retained earnings,$19,830],[$Depreciation expense,$4,200,$Salaries expense,$46,450],[$Dividends declared,$2,000,$Salaries payable,$2,950],[$Equipment$,23,700,$Supplies,$700],[$Fees earned,$88,200,$Supplies expense,$3,900],[$Income tax expense,$4,600,$Utilities expense,$2,300]]$

During the year ended February $28,2021,$ common shares were issued for $$5,000.$