Suppose that on january 1st, 2017, space, inc. has the following account balances in its general ledger: cash: $23,950; accounts receivable: $18,180; supplies: $500; equipment: $24,000; accumulated depreciation-equipment: $2,800; accounts payable: $6,130; wages payable: $1,800; interest payable: $400; notes payable: $20,000; common stock: $18,000; retained earnings: $17,500. assume all other balances are $0. during 2017, the following transactions occurred: on 1/9, paid workers $5,800 in cash. $1,800 represented expenses related to 2016. the remaining $4,000 represented expenses related to work done in 2017. on 2/28, provided $72,900 worth of services to customers. customers paid $22,000 in cash and the remaining $50,900 of these services were provided on account. on 3/11, collected $31,800 in cash from customers in transaction b. on 4/20, purchased $630 worth of supplies on account. on 5/13, paid $2,170 to creditors for accounts payable. on 8/31, paid annual interest of $1,200 on the note. $400 of this represented interest expense related to 2016. the remaining $800 represents interest expense related to 2017. on 9/2, issued shares of common stock in exchange for $15,000 in cash. on 10/17, paid $3,000 in cash for advertising costs for the current year. on 11/16, received $8,700 in cash in advance from customers for services to be provided in december 2017 and january 2018. on 12/15, paid workers $40,000 in cash for work completed in 2017. on 12/29, paid $3,100 in cash dividends to stockholders. part 1 – record all 2017 transactions using journal entries: record all of the above transactions for 2017 using journal entries.