On March 25 2020, Eby Corporation filed a voluntary petition in chapter 7 bankruptcy. Prior to the filing of the petition, the corporation had engaged in the following transactions:

1)On October 1 2019, Eby made a charitable donations to Global Charities.

2)Same as #1, except that the wife of the majority shareholder was the CEO of Global.

3)On March 1 2020 Eby paid off an outstanding loan to Morgan who owns 40% of the corporation's stock.

4)On March 10 2020, Eby made the final monthly payment to First National Bank on a 3 year note.

5)On March 15 2020, Eby converted an unsecured note into a secured note for George who was Morgan's husband.

The Bankruptcy Court appoints you as the trustee for this bankruptcy. Consider each of the above transactions individually and indicate for each one whether you would set aside the transaction. Be sure to carefully explain your legal reasoning in each one.