The following transactions were carried out during the month of May by Hagen and Associates, a firm of design architects. For each of the five transactions, state whether the transaction represented revenue to the firm during the month of May. a. The firm received $300,000 cash by issuing additional shares of capital stock. b. Collected cash of $25,000 from an account receivable. The receivable originated in April from services rendered to a client. c. Borrowed $60,000 from Century Bank to be repaid in three months. d. e. Earned $250 interest on a company savings account during the month of May. No withdrawals were made from this account in May. Completed plans for a guesthouse, pool, and spa for a client. The $7,000 fee for this project was billed to the client in May, but will not be collected until June 25.