25 points: ESTIMATEO TIME 10 minutes In 2021, Kohler Company sold 3,170 metal connectors on account to Ace Hardware incorporated tor $200 each on September 15. Exch metal connector costs Kohler Company $150 to make. Ace Hardware has 60 days to return the umused goods, Kohier believes that Ace Hardware will ultimately retum 75 of the connectors. On September 29 . Ace Hardware returns 50 connectors. Kohler Company has a September 30 fiscal year end. At year end, Kohler believes 75 connectors is a good estimate of the total that will be returned. The cost of recovering these products is inmaterial. Kohler expects to be able to resell these goods for a profit. Instructions Prepare the following journal entries on the books of Kohler Company: Entries to record the initial sales on September 15. Entries to record the return of goods September 29. Entries to record the year-end adjustment based on estimated returns on September 30