Choice Chicken 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 transaction (a) of the following table: 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. Note: Amounts to be deducted and losses/outflows should be indicated with a minus sign. Computation of Summary of Transactions Income Cash a. Services performed for customers, $109,000, of which $19,000 remained uncollected at the end of the quarter. $ 109,000 $ 90,000 b. Cash borrowed from the local bank, $29,000 (one-year note). c. Small service truck purchased at the end of the quarter to be used in the business for two years starting the next quarter: Cost, $12,000 cash. d. Wages earned by employees, $44,000, of which one-fifth remained unpaid at the end of the quarter. e. Service supplies purchased for use in the business, $8,000 cash, of which $2,600 were unused (still on hand) at the end of the quarter. f. Other operating expenses, $39,000, of which one-half remained unpaid at the end of the quarter. g. Based only on these transactions, compute the following for the quarter: Income (or loss) Cash inflow (or outflow)