Jayhawk Bottles buys water bottles with the Jayhawk logo on them for $5 each, and resells them on campus for $15 apiece. The following events occurred during the month of March: a. Purchased 200 water bottles with cash for $1,000. b. Paid cash wages to student hourly workers, $480. c. Sold 165 water bottles to the Undergraduate Business Council on account/credit, $2,475. d. Paid cash to rent booth space in the Union for January through March, $600. e. Purchased 200 water bottles on account/credit, $1,000, f. Sold 75 water bottles to customers for cash, $1,125. g. Paid cash to have an ad placed in the UDK, $75. h. Pays its employees a 10% sales commission for each bottle sold. i. Made the monthly loan payment in cash. Pays $20 a month in interest and $480 in principle. REQUIRED: 1. Record the events above using the t-accounts on page 2. Make sure you label your transactions based on the letter shown next to the transaction above.