3) (9 points) Journalize the following sales transactions for Frank Sportswear assuming that the company uses a perpetual inventory system Explanations are not required. April 1 Frank sold $71,000 of women sportswear on account, credit terms are 1/10,n/60. Cost of goods sold is $41,000. April 5 Frank received a $3,500 sales return on damaged goods from the customer. Cost of goods damaged is $1,750. April 10 Frank receives payment from the customer on the amount due, less the return and discount