Required information The following information applies to the questions displayed below.) Astoria Co. had the following transactions during the month of August 2018: *Cash received from bank loans was $29,000. Dividends of $10,400 were paid to stockholders in cash. * Revenues earned and received in cash amounted to $42,500 * Expenses incurred and paid were $30,500, What amount of net income will be reported on an income statement for the month of August? The purchase of office equipment at a cost of $7.600 with an immediate payment of $4,200 and agreement to pay the balance within 60 days is recorded by the purchaser with: Multiple Choice A debit of $3.400 10 Accounts Receivable, a debit of $4200 to Cash, and a credit of $7500 to Office Equipment O ) A debit of $7600 to Office Equipment, a credit of $4.200 to Cash and a credit of $3.400 to Accounts Receivable ) A debit of $7600 to Omice Equipment a debit of $4,200 10 Accounts Receivable and a credit of $3400 10 Accounts Payable O O O ) A debit of $7,600 to Office Equipment, a credit of $4,200 to Cash, and a credit of $3.400 to Accounts Payable