Current Attempt in Progress On January 1, 2025, Norma Smith and Grant Wood formed a computer sales and service company in Soapsville, Arkansas, by investing $91,088 cash. The new company, Bramble Sales and Service, has the following transactions during January. 1. Pays $12,000 in advance for 3 months' rent of office, showroom, and repair space. 2. 3. 4. 5. Purchases 44 personal computers at a cost of $1,652 each, 10 graphics computers at a cost of $2,652 each, and 29 printers at a cost of $452 each, paying cash upon delivery. Sales, repair, and office employees earn $13,688 in salaries and wages during January, of which $4,088 was still payable at the end of January. Sells 34 personal computers at $2,702 each. 8 graphics computers for $3.752 each, and 19 printers for $652 each: $76,088 is received in cash in January, and $58,184 is sold on a deferred payment basis. Other operating expenses of $9,488 are incurred and paid for during January: $3,088 of incurred expenses are payable at January 31 (a) Licing the trancas sont fortba