The Accounting Information System $(60$ points$)$ The following information pertains to Doreen$$s Burritos, Inc.: Startup period $($i$.$e$.,$ all of this happens on January $1)$ a$.$ Finance with $$200,000$; $$10,000$ is contributed by Doreen $($in exchange for $1,000$ shares of common stock $100\%$ ownership$)$ and $$190,000$ is borrowed, long$-$term $($with a $$balloon$$ repayment due in $3$ years$)$ from a bank at $7\%$ annual interest, due annually. b$.$ Buy equipment, which she thinks will last $6$ years, for $$60,000$ in cash. c$.$ Sign a $2-$year store lease and pay a $$5,000$ security deposit and $$15,000$ for January $$ March rent, both in cash. d$.$ Pre$-$pay a $$12,000$ annual premium for a property $/$ liability insurance policy, in cash. e$.$ Acquire $$50,000$ of inventory from food suppliers on credit, with payment due in $60$ days. Operating period $($i$.$e$.,$ all of this happens between January $1$ and January $31)1.$ Sell $80\%$ of the food inventory $($which cost $$40,000)$ for $$80,000,$ receiving $$70,000$ in cash and the rest is due within $30$ days. $2.$ Pay $$50,000$ of the accounts payable for the inventory acquired in step e$)$ above. $3.$ Acquire $$60,000$ of additional food inventory on credit, payment due in $60$ days. $4.$ Collect $$8,000$ of accounts receivable from customers in step $1)$ above. $5.$ Pay $$8,000$ in salaries, in cash, for the period from January $1$ to January $28(4$ weeks$).$ Required: $1.$ Provide journal entries for the $$explicit$10$ transactions stated above. $2.$ Provide the necessary $$adjusting$$ journal entries as of January $31$st $($if any$),$ so that the resulting financial statements are on an "accrual" basis in accordance with U$.$S$.$ GAAP. $3.$ Provide the Income Statement for the month of January $($i$.$e$.,$ ending January $31$st$).4.$ Provide the Balance Sheet as of January $31$st$.5.$ What is Operating Cash Flow for the month of January $($i$.$e$.,$ ending January $31$st$)?$