William Evans began Evans Distributors, a sporting goods distribution company, in January 2016, and engaged in the transactions below. Assume Evans Distributors and its customers take advantage of all cash discounts. Requirements T Accounts and income statement 1-Willam Evans started Evans Distributors with an investment of $49,000. He also invested personal business supplies worth $1,000. 1-Purchased merchandise for cash, $10,500, Check 100. 3-Sold merchandise on account to Chu Corporation, $750, terms 2/10, n/30, Invoice 1001. 4-Purchased merchandise on account from Whitson Company, S1,800, terms 1/10, /30, Invoice 1125. 5-Received and paid freight charges related to January 4 purchase of merchandise from Whiten Company, $100, Check 101. 10- Chu Corporati