2 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 the six transactions given in this tabulation, enter what you consider to be 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 $ 89.000 $ 54,000 Summary of Transactions Services performed for customers, 589,000, of which $15,000 remained uncollected at the end of the quarter Cash borrowed from the local bank, $51.000 (one-year note) Smal service truck purchased at the end of the quarter to be used in the business for two years starting the next quarter oost, $10.300 cash Wages earned by employees, 522,000, of which one-half remained unpaid at the end of the quarter Service supplies purchased for use in the business, 55,20 cash, of which $1.480 were unused (still on hand) at the end of the quarter Other operating expenses, 533,000, of which 56.900 remained unpaid at the end of the quarter Based only on these transactions, compute the following for the quarter Income for loss Cash inflow (or outflow)