New Delivery Company was organized on January 1, 2015. At the end of the first quarter (three months) of operations, the owner prepared a summary of its operations as shown in the first row of the following tabulation:

Required:
1. For each of the six transactions given in this tabulation, enter what you consider to be the correct amounts. Enter a zero when appropriate. The first transaction is illustrated.
2. For each transaction, explain the basis for your responses.

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Computation of Summary of Transactions Net Earnings Cash a. Services performed for customers. $66.00, of which one-sixth remained$66,000 $55,000 uncollected at the end o te quarter b, Cash borrowed from the local bank, $45,000 (one-year note) c. Small service truck purchased at the end of the quarter to be used in the business for two years starting the next quarter: cost, $9,500; paid 20% down, balance on credit d. Wages earned by employees, $21,000. of which one-hal remained unpaid at the end of the quarter e. Service supplies purchased for use in the business. $3,800 cash, of which one-fth were unused (still on hand) at the end of the quarter f Other operating expenses, $36,000, of which one-sixth remained unpaid at the end of the quarter. Based only on the above transactions, compute the following for the quarter: Net earnings or loss) Cash inflow (or outflow)