Rhaman Company had the following transactions in its first month of operations: 1. On incorporation, the company had issued 13,600 common shares in exchange for $12,400 cash and office furniture and equipment worth $1,200. 2. Additional equipment costing $5,000 was purchased for cash. 23 3. Supplies costing $600 were purchased for cash. 4. Inventory costing $6,200 was acquired on account. Later in the month, the company paid half of the amount owed. It will pay the remainder next month. The entire inventory was sold to customers for $9,900. The company received half of this amount in cash and will receive the remainder next month. 5. 6. 7. The equipment was depreciated $120 for the month. 8. 6209 By the end of the month, $500 of the supplies were used up. Operating expenses paid in cash during the month were $2,400. Dividends of $200 were declared and paid during the month. Calculate the following amounts for the month: (Enter loss using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) i. Sales revenue $ Cost of goods sold $ iii. Total expenses other than cost of goods sold $