! Required information PA3-4 (Algo) Analyzing, Journalizing, and Interpreting Business Activities [LO 3-3, LO 3-5] [The following information applies to the questions displayed below.] The following events occurred soon after Pat Hopkins established Ona Cloud Corporation (OCC) as a provider of cloud computing services. a. On September 1, Pat contributed $13,000 for 1,300 shares of OCC. b. On September 8, OCC borrowed $27,000 from a bank, promising to repay the bank in two years. c. On September 10, OCC wrote a check for $26,500 to acquire computer equipment. d. On September 15, OCC received $1,350 of supplies purchased on account. e. On September 16, OCC paid $3,000 for September rent. f. Through September 22, OCC provided its customers $9,300 of services, of which OCC collected $7,400 in cash. g. On September 28, OCC paid $390 for Internet and phone service this month. h. On September 29, OCC paid wages of $4,500 for the month. i. On September 30, OCC submitted its electricity meter reading online and determined that the total charges for the month will be $650. This amount will be paid on October 14 through a preauthorized online payment. PA3-4 (Algo) Part 3 3-a. Using your answer to part 1 or 2, calculate OCC's preliminary net income for September. 3-b. Is OCC profitable, based on its preliminary net income? Complete this question by entering your answers in the tabs below. Req 3A Req 3B Using your answer to part 1 or 2, calculate OCC's preliminary net income for September. Preliminary Net Income