Question#1: Recording of Financial Transactions and Accounting Principles: 1. Tarek purchases an inventory of spare parts on credit from its suppliers for $15,000. During the month Tarek pays its suppliers $10,000 and sells spare parts (which cost the business $8,000) to its customers on credit for $20,000. Customers pay Tarek $12,000 during the month. How much does the; a. b. C. Inventory increase by? Payables increase by? Receivables increase by? Profit increases by? Bank increases by? d. e