The trial balance of Pacilio Security Services, Incorporated as of January $1,$ Year $9,$ had the following normal balances.

During Year $9,$ Pacilio Security Services experienced the following transactions:

Paid the salaries payable from Year $8.$

Paid $$9,000$ on May $2,$ Year $9,$ for one year's office rent in advance.

Purchased $$425$ of supplies on account.

Purchased $145$ alarm systems at a cost of $$290$ each. Paid cash for the purchase.

After numerous attempts to collect from customers, wrote off $$2,060$ of uncollectible accounts receivable.

Sold $130$ alarm systems for $$580$ each plus sales tax of $5$ percent. All sales were on account.

Record cost of good sold for the sales transaction mentioned in previous transaction $($number $6).$ Be sure to compute cost of goods

sold using the FIFO cost flow method.

Billed $$107,000$ of monitoring services for the year. Credit card sales amounted to $$42,000,$ and the credit card company charged a

$4$ percent fee. The remaining $$65,000$ were sales on account. Sales tax is not charged on this service.

Replenished the petty cash fund on June $30.$ The fund had $$5$ cash and has receipts of $$60$ for yard mowing, $$15$ for office

supplies expense, and $$17$ for miscellaneous expenses.

Collected the amount due from the credit card company.

Paid the sales tax collected on $$69,600$ of the alarm sales.

Paid installers and other employees a total of $$65,000$ for salaries for the year. Assume the Social Security tax rate is $6$ percent and

the Medicare tax rate is $1\mathrm{.}5$ percent. Federal income taxes withheld amounted to $$7,500.$ Cash was paid for the net amount of