answer the following

em 2 lem? a-b (Part Level Submission) Based on the following transactions, answer the following questions i. Credit sales to customers totaled $29.400. Cash sales totalled $96,600. . Cash collections on account from customers totalled $25,200. iv. Cost of goods sold during the period was $21,400 V. Payments made to suppliers of inwentary totalled $63,000 vi Wages of $27,300 were paid during the year. In addition, wages of $2,100 remained ungad at year end there were no wazes unpaid at the beginning of the year. VIL Halfway through the year, a one year insurance policy was purchased at a cost $300 (a) by Your answer is incorrect. Try again Calculate the reverves, experies, and net income that would be reported on the cash basis (Enter loss amounts using either areative in preceding the number 45 or parents Revenues 126000 Expenses Net Income (Los) 26500 Attempts tofed LAVE POR LATER The parts of the church where