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  3. 13.) samantha's s snow blowers financed a retail s

13.) Samantha's s Snow Blowers financed a retail store by receiving $22.500 owers financed a...

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Accounting

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13.) Samantha's s Snow Blowers financed a retail store by receiving $22.500 owers financed a retail store by receiving $22,500 invest shareholders and s27,500 of borrowed cash. Rent of $3,100 was paid for the Sish month. Other operating costs paid for during the first month totaled S11,000. blowers costing $15,500 were purchased for cash. By the end of the month, were paid $7,500, and all but $2,000 of the snow blowers had been sold for SAv. cash. Income taxes paid totaled $4,200. (4 pts.) r the first A. B. Prepare an income statement for the first month of operations. How much cash remains at the end of the month? C. Briefly explain why the net income in part A differs from the cash amount in part B

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