Oriole Ltd. 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.

(a)

Calculate the following amounts for the month: (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

i.		Sales revenue		$enter a dollar amount
ii.		Cost of goods sold		$enter a dollar amount

iii.		Total expenses other than cost of goods sold		$enter a dollar amount

iv.		Net Income or Loss		$enter a dollar amount

(b)

Calculate the following amounts as at the end of the month:

i.		Cash on hand		$enter a dollar amount
ii.		Total assets other than cash		$enter a dollar amount
iii.		Total Liabilities		$enter a dollar amount
iv.		Share capital		$enter a dollar amount
v.		Retained earnings		$