25 At the beginning of June, Chow Company has a balance in inventory of $2.100. The following transactions occur during the month of June 00:52:41 June 2Purchase radios on account from Air One for 52,400, terns 3/15, 0/45 June 4 Pay freight charges related to the June 2 purchase from Air One, 3000 June 8 Return defective radios to Air One and receive credit, 5600 June 10 Pay Air One in full Tune 11 Seli radios to customers on account, $5,000, that had a cost of $3,300. Oune 18 Receive payment on account from customers, $3,100. June 20 Purchase radios on account from Motion Unlimited for $3,380, tern. 3/10, 1/30 June 23 Sell radios to customers for cash, $4,800, that had a cost of $3,200. June 26 Return damaged radios to Motion Unlimited and receive credit of $300 June 28 Pay Motion Unlimited in full Required: 1. Record the transactions above, assuming Chow Company uses a perpetual inventory system, 2. Prepare the top section of the multiple-step income statement through gross profit for the month of June Complete this question by entering your answers in the tabs below. Requwed 1 Required 2 Record the transactions above, assuming Chow Company uses a perpetual inventory system. (Il no entry is required for a transaction event, select "No journal entry required in the first account field) View transaction list Journal entry worksheet