* Company started business on April 1 and prepares monthly financial statements. In April, the company . received $43,000 from a group of investors, bought $8,127 of merchandise, $4,842 on account and $3,285 for cash, sold merchandise for $40,700, of which $36,617 ware for cash and $4,063 were on account; the cost of the merchandise that was sold was $22,792, paid $3,127 to suppliers for merchandise previously bought on account, collected $2,937 from customers on account, and paid expenses totalling $9,397 4. What were total assets on April 307 SA Tres 0/3 5. What was Net Income in April Tres 0/3