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 $400 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 $130 for janitorial services. May 15 b. Paid $98 for miscellaneous expenses. May 15 c. Paid postage expenses of $65 May 15 d. Paid $32 to Facebook for advertising expense. May 15 e. Counted $86 remaining in the petty cash box. May 16 Prepared a company check for $200 to increase the fund to $600. May 31 The petty cashier reports that $240 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15 . May 31 f. Paid postage expenses of $208 May 31g. Reimbursed the office manager for business mileage, \$104. May 31h. Paid $34 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 $160, leaving a total of $440. 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