Consider the following transactions, from a small island economy. Use them to calculate GDP, broken down by category. (That is, you should identify which category each item goes into, and then calculate the total amounts for each category, and then find total GDP.) . Residents buy $400 of locally grown carrots. . A local contractor builds three new houses, which sell for $1,000 each. . That same contractor buys a custom crowbar from a local blacksmith for $300. . Residents sell $900 of fish to people in South Dakota. . Residents purchase $100 of bread flour from farmers in South Dakota. . The government collects $500 in taxes, and then spends $300 on transfer payments and $200 building a new community center. . The blacksmith spends $350 on a used car