Kiona Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May (the last month of the company's fiscal year). May 1 Prepared a company check for $350 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 $109.20 for janitorial expenses. May 15 b. Paid $89.15 for miscellaneous expenses. May 15 c. Paid expenses of $60.90.May 15d. Paid $80.01 to Facebook for advertising expense. May 15e. Counted $26.84 remaining in the petty cashbox. May 16Prepared a company check for $200 to increase the fund to $550.May 31The petty cashier reports that $370.27 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 $59.10.May 31g. Reimbursed the office manager for mileage expense, $47.05.May 31h. Paid $48.58 in delivery expense for products to a customer, terms FOB destination. May 31The company decides that the May 16 increase in the fund was too large. It reduces the fund by $50, leaving a total of $500.