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On March 15, 2014, Morganblue Corporation, and garden implement dealer, was petitioned into involuntary bankruptcy under the liquidation provisions of Chapter 7 of the Federal Bankruptcy Code. The following occurred before the bankruptcy petition was field: Please indicate by the blank besides the item with Y or N(Yes or No) if the transaction would be set aside by the bankruptcy trustee. _____1. Morganblue paid on a $10,000 loan to Mr. Henley, a brother of the treasurer who was a minority owner of the corporation. _____2. Morganblue paid their annual pledge to the James Davis Scholarship Fund at the University of Mississippi. _____3. On February 2, 2014, Morganblue Executed a security agreement and UCC financing statement to John Deere to secure the inventory that John Deere had sold them in December 2013. _____4. Morganblue paid the final installment of $10,000 on an two year installment note securing the purchase of inventory in 2012