For all transactions, please ignore GST and assume that all transactions are in Australian dollars.

1. Jan 1: Amera signed a 2-year lease for a warehouse and office for $2,000 per month to store all their inventory. They have paid one month of rent in advance.

2. Jan 1: Sarah contributed $25,000 cash to the business.

3. Jan 1: The owners purchased a delivery truck for $80,000 through a bank loan over 5 years with an interest rate of 6.7 per cent per annum. Payments are required on the first day of every month, with the first payment due on

February 1.

4. Jan 1: A new forklift was purchased on credit for $30,500. The payment is due in 10 equal instalments over the next 10 months, with the first payment due on January 30.

5. Jan 5: An order was placed for 100 gaming chairs at a cost of $75 each and

100 gaming desks at a cost of $110 each was placed with Gaming

Accessories Co. Delivery occurred the same day and the total was paid in cash.

6. Jan 6: An order was placed for 25 gaming PCs for $300 each from Alliance

Digital. Delivery occurred the same day and the total was paid in cash.

7. Jan 7: Sold 50 chairs for $130 each, 50 desks for $180 each and 15 gaming PCs for $390 each to BBG Games. BB Games has been given 90 days to pay their account and the products will be delivered to them in 7 days.

8. Jan 13: An order was placed for 100 gaming chairs at a cost of $70 each and

100 gaming desks at a cost of $100 each with gaming Accessories Co.

Delivery occurred the same day and the total was paid in cash.

9. Jan 13: An order was placed with Alliance Digital for 30 gaming PCs for $269

each. Delivery occurred the same day, and Digital Field Day have 30 days to pay their account.

10. Jan 14: Total commission income received in cash for the fortnight for the online store is $2,540.

11. Jan 14: Total wages for the fortnight were paid $2,900.

12. Jan 14: Delivered goods to BB Games, following the transaction on January

7.

13. Jan 15: Sold 35 chairs for $135 each, 35 desks for $185 each, and 20 gaming PCs for $390 each to Gamers Rise. Delivery occurred the same day. The customer was given 90 days to pay their account. 14. Jan 24: Sold 100 chairs for $125 each, 100 desks for $175 each and 15 gaming PCs for $395 each to the Digital Computer Store. Delivery occurred on the same day. The customer was given 90 days to pay their account.

15. Jan 28: Total commission income received in cash for the fortnight from the online store is $1,920.

16. Jan 28: Total wages for the fortnight were paid $2.900.

17. Jan 30: A payment for the forklift was made (see information from January 1

above).

18. Jan 31: A payment was made for various business expenses incurred on the corporate credit card for the month of January of $1,150.

Critically analyse Digital Field Day's business transactions for January. Complete the table below to answer the following questions: 1. Identify three (3) different transaction types that could have been approached differently to improve cash flows in January. Provide the details of the transactions you have selected including dates and transaction values. 2. Name one (1) solution for each transaction that would have improved cash flow. 3. For each of the solutions provided, give one (1) reason to show how these solutions will improve cash flow. Word limit: 150 (approximately 50 per transaction type). Any response beyond the word limit will not be marked. Three (3) One (1) solution to improve the One (1) reason why these solutions will transaction types identified problem improve cash flow