IThe following information applies to the questions displayed below.] The accounting records of Brooks Photography, Inc., reflected the following balances as of January 1, 2012: Cash Beginning inventory Common stock Retained earnings $16,600 13,195 (145 units $91) 14,400 15,395 The following five transactions occurred in 2012: 1. First purchase (cash) 2. Second purchase (cash) 3. Sales (all cash) 4. Pald $14,550 cash for operating expenses. 5. Pald cash for Income tax at the rate of 30 percent of Income before taxes. 120 units @ $93 200 units @ $101 295 unlts $200