Impact on Net Income tab - Calculate the impact each entry had on net income, if any.

Lee Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May. May 1 Prepared a company check for $550 to establish the petty cash fund. May 15 Prepared a company check to replenish the fund for the following expenditures made since May 1. May 15 a. Paid $192 for janitorial services. May 15 b. Paid $144 for miscellaneous expenses. May 15c. Paid postage expenses of $96. May 15d. Paid $49 to Facebook for advertising expense. May 15 e. Counted $77 remaining in the petty cash box. May 16 Prepared a company check for $250 to increase the fund to $800. May 31 The petty cashier reports that $320 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15. May 31f. Paid postage expenses of $282. May 31g. Reimbursed the office manager for business mileage, $141. May 31h. Paid $47 to deliver merchandise to a customer, terms FOB destination. May 31 The company decides that the May 16 increase in the fund was too large. It reduces the fund by $200, leaving a total of $600. Prepare the journal entries for each of the petty cash transactions. Indicate the impact each transaction had on net income. Note: Decreases to net income should be indicated with a minus sign