Required Informatlon The following information applies to the questions displayed below] The following transactions occurred during July 1. Recelved $1,200 cash for services performed during July. 2. Recelved $6,400 cash from the Issuance of common stock to owners 3. Recelved $600 from a customer as payment for services performed during June. 4. Billed $4100 to customers for services performed on account In July. 5. Borrowed $2.900 from the bank and signed a promissory note. 6. Recelved $1,600 from a customer for services to be performed during August What is the amount of revenue that will be reported on the Income statement for the month ended July 31? Multiple Cholce $8.800 $5.300 $6.900 $7.500 As a result of these transactions, what is the amount of the Increase to the Cash account? Assume accrual basis accounting is followed. Multiple Cholce $3.400 $8.800 $12.700 $16.800