On January 1, 2025, Norma Smith and Grant Wood formed a computer sales and service company in Soapsville, Arkansas, by investing $90,936 cash. The new company, Coronado Sales and Service, has the following transactions during January 1 Pays $9,000 in advance for 3 months' rent of office, showroom, and repair space. 2 3. 4. 5. Purchases 42 personal computers at a cost of $1,644 each, 8 graphics computers at a cost of $2.644 each, and 27 printers at a cost of $444 each, paying cash upon delivery. Sales, repair, and office employees earn $13,536 in salaries and wages during January, of which $3,936 was still payable at the end of January Sells 32 personal computers at $2,694 each, 6 graphics computers for $3,744 each, and 17 printers for $644 each; $75,936 is received in cash in January, and $43,684 is sold on a deferred payment basis. Other operating expenses of $9,336 are incurred and paid for during January: $2,936 of incurred expenses are payable at January 31