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Oriole LId. had the following transactions in its first month of operations: 1. Issued 18,000 common shares in exchange for $90,000 cash. 2. Took out

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Oriole LId. had the following transactions in its first month of operations: 1. Issued 18,000 common shares in exchange for $90,000 cash. 2. Took out a $24,900 loan from the bank. 3. Paid $29,700 to purchase inventory. 4. Equipment costing $34,700 was purchased for $7,800 cash, with the balance on account. 5. Made sales of $52,300 to customers, with $10,400 being cash sales and the balance on account. 6. The cost of the inventory sold to customers was $26,200. 7. Paid employee wages totalling $11,300. 8. Operating expenses of $2,200 were paid during the month. 9. Deprecation of $900 was recorded for the month. 10. Dividends of $900 were declared and paid during the month. Calculate the following amounts for the month: (Enter loss using either a negative sign pre parentheses e.g. (45).) i. Sales revenue $ ii. Cost of goods sold $ iii. Total expenses other than cost of goods sold $ iv. Net Income or Loss $

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