\fAppendix I: Email from Dianne Salzburg Dianne Salzbur CFO Kids Reads Inc. KRI TO: Jacgueline Lawrence Subject: Transactions Dear Jacqueline, Below are the transactions that require journal entries. 1. On February 3, 2021, we received a quote for software development services from Lindbold's Website Design (LWD) totalling $9,200, which is in line with similar quotes received. After discussions, KRI agreed to give boxes of high-end glossy paper to LWD and in return, LWD agreed to provide these services. The software will be designed to allow customers to order books online, which will expand KRI's sales. Currently, this paper is in our inventory at a cost of $8,900 (purchased January 29, 2021 ). Normally we would use this paper in the printing of our books and these books would sell for a total value of $15,400. The software provided by LWD is now fully functional and KSI has sent the paper to LWD. On March 4, 2021, we received a request from Spots Books Inc. (SBI), another children's book retailer, asking if we had the book \"What Does That Do" in stock. At the same time, we had customers requesting a book entitled \"Dogs Are Friends,\" which we did not have in inventory. It was agreed that SBI would ship us a carton of the books of \"Dogs Are Friends" that has a cost of $5,300 and a sales value of $6,900. In return, KRI would ship to SBI a carton of books entitled \"What Does That Do" Our inventory cost of these books is $5,100 and normally we could sell these books for $7,200. On April 10, 2021, we agreed to purchase three new computers for a total cost of $7,100 from Halstons Ofce Depot (HOD). We agreed this amount to the price list HOD provided. In return, we agreed to pay $2,000 cash plus transfer the ownership of three office desks. The three desks in total had an original cost of $9,800 and have a current net book value of $4,500. Attached please nd the memo on appraisals that I received yesterday. km \"A