1. The following events took place for Tabby Corporation during the month of February. Record each transaction in the BSE template below. ( 20 points) a. On February 1 , the firm pays a two-year insurance premium of $24 for coverage beginning February 1. b. On February 5 , Tabby acquired merchandise inventory costing $100 paying 25% in cash and buying the remainder on account. c. During February Tabby sold merchandise to customers for $150. Of this amount, $10 was to customers who had advanced Tabby Corp. cash during January. Tabby makes the remaining sales on account. (note: record just the sale in this entry - COGS is in part d) e. During February, Tabby pays in cash selling and administrative expenses of $75. f. During February, Tabby collects cash from customers of $110. g. During February, Tabby pays $60 to suppliers of merchandise inventory for purchases previously made on account. h. On January 1, Tabby had taken out a $240, two-year loan from a local bank. The loan carried a 10% annual rate of interest. Interest payments were required at the end of each month. On February 28 Tabby paid interest for February. i. On February 28 , Tabby recognizes insurance expense for the month on the policy purchased in part a. j. On February 28, Tabby recognizes depreciation expense of $15 for the month of February. Tabby uses an accumulated depreciation account