Herzog Company reported the following transactions: .Bought $107,000 of inventory, paying cash Sold inventory that cost $65,000, receiving $160,000 cash from the customer Sold inventory that cost $54,000, receiving $140,000 cash from the customer Received a $55,000 prepayment from a customer for services to be provided next year What effect do these transactions have on Herzog Company's Net Income? $ income are positive and decreases in net income are negative. What effect do these transactions have Herzog Company's on Cash? $ positive and decreases in cash are negative. Enter your answer such that increases in net Enter your answer such that increases in cash are