Hilll Company reported the following transactions: Bought $95 of inventory Sold $60 of inventory for $190 cash Sold $55 of inventory for $120 on credit Received a $60 prepayment What effect do these transactions have on Net Income? $ income are negative. 195- 70 X Enter your answer such that increases in net income are positive and decreases in net 155- What effect do these transactions have on Cash? $ 250 X Enter your answer such that increases in cash are positive and decreases in cash are negative.