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Ron has started a new lawn mowing company. The financial transactions of the company in the first month of operating are On the 1st of June the company buys 3 lawn mowers for $680 each and 2 edgers for $490 each. It also purchases $120 of petrol. All of these purchases w made using Ron's own money On the 3rd of June he finishes his first job and the company invoices the customer for $450 On the 5th of June one of the lawn mowers breaks down and so Ron takes it for repairs On the 8th of June the lawn mower is repaired and Ron's company is invoiced for $170 On the 9th of June he finishes his second job and the company invoices the customer for $490 On the 11th of June the company receives $450 in payment for the first job On the 12th of June the company buys $50 of petrol and pays with cash On the 15th of June he finishes the third job and the company invoices the customer for $460 On the 16th of June the company receives $460 in payment for the third job On the 19th of June he finishes his fourth job and the company invoices the customer for $440 On the 22nd of June the company buys $50 of petrol and pays with cash On the 25th of June he finishes his fifth job and the company invoices the customer for $460 On the 26th of June the company receives $440 in payment for the fourth job. On the 29th of June Ron pays himself a salary of $400. (He takes this as a salary rather than as a dividend so that the company can have a tax deduction) At the end of the month the company has $20 of petrol remaining. Ron calculates that the lawn mowers and edgers have depreciated by $151. He has information that indicates that only only 5% of customers fail to pay in his area of business. The tax rate that applies to his company is 30%. (The company has not paid any tax yet.) For this first month determine the company's (all answers should be to the nearest cent)

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