Based on the following transactions, answer the following questions. i. Credit sales to customers totalled $35,700. ii. Cash sales totalled $117,300. iii. Cash collections on account from customers totalled $30,600. iv. Cost of goods sold during the period was $86,700. v. Payments made to suppliers of inventory totalled $76,500. vi. Wages of $33,800 were paid during the year. In addition, wages of $2,600 remained unpaid at year end; there were no wag unpaid at the beginning of the year. vii. Halfway through the year, a one-year insurance policy was purchased at a cost of $1,000. The Wizard's Corner, a company that sells video games and related items, had the following account balances at the end of June 2020 Based on the following transactions, answer the following questions. i. Credit sales to customers totalled $35,700. ii. Cash sales totalled $117,300. iii. Cash collections on account from customers totalled $30,600. iv. Cost of goods sold during the period was $86,700. v. Payments made to suppliers of inventory totalled $76,500. vi. Wages of $33,800 were paid during the year. In addition, wages of $2,600 remained unpaid at year end; there were no wag unpaid at the beginning of the year. vii. Halfway through the year, a one-year insurance policy was purchased at a cost of $1,000. The Wizard's Corner, a company that sells video games and related items, had the following account balances at the end of June 2020