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f and h as manager. Your dutiesindade maintaining the store's financial records The following ansactions occurred in February, the first month of operations a. Received

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as manager. Your dutiesindade maintaining the store's financial records The following ansactions occurred in February, the first month of operations a. Received four shareholders' contributions totaling 590 200 cash to form the corporation, sued 400 shares of 10 per value common stock Paid three months' rent for the store at $1,750 per month recorded as prepaid expenses) Purchased and received candy for $600 on account, due in 60 days d Purchased supplies for $1,560 cash e Negotiated and signed a two year $11 000 loan at the bank . Used the money from (e) to purchase a computer for $2.750 or record ing and inventory singl used the balance for furniture and fixtures for the store Placed a grand opening advertisement in the local paper for $400 cash the ad ran in the current month h. Made sales on Ventine's Day Rotating 53 500 52 675 was in cash and the rest on accounts receivable. The cost of the candy sold was $1.500 Made a $550 payment on accounts payable incurred and padloyees of $1300 Collected accounts receivable $500 bonuses Made a reparto one of the display Cases for 5000 cash m. Made cash sales of $1200 during the rest of the month The cost of the candy sold was Select the type of effect on cash flows (Ofor operwing for investing and F for financing and the direction for increase and for decrease and amount of the effect Select "NE" here is no effect.) Cash Flows

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