Ozark Corporation

For the Month Ending December $31,2024,2025$

Balance Sheet $($partial$)$

$12/31/2512/31/24$

Accounts Receivable $$40,000\mathrm{.}00$ $$45,000\mathrm{.}00$

Prepaid Rent Expense $$7,300\mathrm{.}00$ $$4,500\mathrm{.}00$

Prepaid Insurance Expense $$8,400\mathrm{.}00$ $$6,200\mathrm{.}00$

Accounts Payable $($Inventory$)$ $$55,000\mathrm{.}00$ $$63,000\mathrm{.}00$

Inventory $$95,000\mathrm{.}00$ $$80,000\mathrm{.}00$

Ozark Corporation

For the Month Ending December $31,2024,2025$

Balance Sheet $($partial$)$

Sales $$250,000\mathrm{.}00$

Cost of Goods Sold $$115,000\mathrm{.}00$

Gross Profit $$135,000\mathrm{.}00$

Sales Expense $$67,000\mathrm{.}00$

Rent Expense $$1,750\mathrm{.}00$

Insurance Expense $$980\mathrm{.}00$

Required:

Prepare the summary entry for the amount of cash received from customers, cash paiid for inventory, cash paid for rent, and cash paid for insurance expense during $2025.$