The following is a summary of transactions for January 20xx, gathered by the Sample Cafe bookkeeper. Sample Cafe Transactions Notes Includes 500 medium cups medium cups sold to the college and delivered to a reception that has been invoiced, but not yet paid. 5-year to Item 8,000 medium cups of coffee sold at $3.00 each 4,300 large cups of coffee sold at $4,00 each Espresso make purchased last year for $12,600 5720 premium for business Insurance $3,800 for rent $2,100 tor coffee beans $1,700 for coffee cups $16,000 to employees for payrol $100 of interest on loan $1,000 for electricity and water $12,000 in advertising Premium for full year Includes $2,100 in rent deposits Includes coffee discarded valued at $100 Ocupa in Inventory at the beginning of January $600 worth of cups still in Inventory at the end of month $2,600 owed in payroll taxes Paid mid-month Includes $600 in utility deposits $3,000 per week billed monthly Account Balance Revenues $0 Expenses Coffee and Cups $0 Salaries and Wages $0 Rent and Utilities $0 Advertising $0 . Insurance $0 Equipment $0 Interest $o Other Expenses $0 Total Expenses SO Net Income $0