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 $31$ g$.$ Reimbursed the office manager for business mileage, $$104.$

May $31$ h$.$ 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.$

$\backslash$table$[[$Requirement$,\backslash$table$[[$General$],[$Journal$]],\backslash$table$[[$General$],[$Ledger$]],$Trial Balance,$\backslash$table$[[$Impact on$],[$Income$]]]]$

General Journal tab $-$ Prepare the necessary journal entries.

General Ledger and Trial balance tabs $-$Review the general ledger and trial balance tabs$.$

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