Attempt in Progress Based on the following transactions, answer the following questions. i. Credit sales to customers totalled $37,100. ii. Cash sales totalled $121,900. iii. Cash collections on account from customers totalled $31,800. iv. Cost of goods sold during the period was $90,100. V. Payments made to suppliers of inventory totalled $79,500. vi, Wages of $35,100 were paid during the year. In addition, wages of $2,700 remained unpaid at year end; there were no wages unpaid at the beginning of the year. vii. Halfway through the year, a one-year insurance policy was purchased at a cost of $1,100