Huang Trucking Company was organized on January 1. At the end of the first quarter (three months) of operations, the owner prepared a summary of its activities as shown in the first row of the following tabulation: Required: 1. For each of the six transactions given in this tabulation, enter what you consider to be the correct amounts. The first transaction is illustrated. (Amounts to be deducted and losses/outflows should be indicated with a minus sign.) Computation of Summary of Transactions Income Cash a. Services performed for customers, $74,000, of which $21,000 remained uncollected at the end of the quarter. $ 74,000 $ 53,000 b. Cash borrowed from the local bank, $56,000 (one-year note). C. d. e. Small service truck purchased at the end of the quarter to be used in the business for two years starting the next quarter: cost, $9,700 cash. Wages earned by employees, $22,400, of which one-half remained unpaid at the end of the quarter. Service supplies purchased for use in the business, $4,890 cash, of which $2,830 were unused (still on hand) at the end of the quarter. f. Other operating expenses, $26,000, of which $6,700 remained unpaid at the end of the quarter. g. Based only on these transactions, compute the following for the quarter: Income (or loss) Cash inflow (or outflow)