-No Google Docs OL-10FAB How Do Gor wow popu Chase Atte. This former box Question 1 (of 20) U Save Submit 5.00 points Huang Trucking Company was organized on January 1. At the end of the first quarter (three months) of operations, the owner prepared a summary of its activities as shown in the first row of the following tabulation: Required: 1. For each of these transactions given in this toulation, enter what you consider the correct amounts. The first transaction is illustrated. (Amounts to be deducted and losses/outflows should be indicated with a minus sign.) Computation of Income Cash 7000 51.000 49.000 Summary of Transactions Sory cos performed for customers. $70,000, of which $19.000 remained a uncollected at the end of the quarter. b. Cash borrowed from the local bank, $40,000 fone-year note). Small service truck purchased at the end of the quarter to be used in the business for two years starting the next quarter cost $10,000 cash Wages earned by employees, $21.800, of which one-hall remained unpaid at the end of the quarter Service supplies purchased for use in the business, $5.010 cash, of which $1,420 were unused (lon hand) at the end of the quarter Other operating expenses. $29,000, of which 36.000 remained unpaidat the end of the quarter Based only on these transactions, compute the following for the quarter Income (or loss) Cashindow for outdow) es de windd