At the end of her first year of university, Sandra Robinson decided that she should start a business to help finance her education, so she set up her own courier service. She invested savings of $2,100 in the company, which she called Oriole Ltd. In addition, her parents lent the company $3,800 to help it get started. Since this was a business venture, Sandra insisted on paying interest on this loan, and her parents agreed to charge a rate of 6% per year. Sandra then negotiated the purchase of a used car for the business for $8,500. The company made a down payment of $2,300 on the car and financed the remainder of the purchase price at an interest rate of 9% per year. Due to all of the kilometres that would be put on the car while it was used in the courier business, Sandra estimated that the car could be sold at the end of the summer for $7,000. Oriole began operations on May 1 and continued until August 31.Although Sandra did not keep any formal accounting records, at the end of the summer she put together the following additional information related to the business: 1. During the summer,the company made payments of $806 on the car, which included interest of $186 and principal of $620. 2. No payments (of either interest or principal) were made on the loan from her parents. 3. Sandra paid herself a salary of $1,100 per month for the four months that the business operated. 4. Payments for other operating costs (including advertising, insurance, and gas) totalled $9,700. In addition,there were unpaid bills totalling $200 at the end of August. 5. Courier charges collected from customers totalled $21,300. In addition, customers still owed $450 for services performed in the last two weeks of August. 6. After the close of business on August 31,there was a balance of $9,921 in the companys bank account, plus a float of $73 in the car. Analyze the transactions that affected the business during the summer. (Enter amounts that decrease account balance using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Indicate whether it is Revenues, Expenses or Dividends declared in the last column. In case if there is no effect then select"Not Applicable".)