(3,000$0.60) The following transactions occurred during December: Dec. 3 Purchased 3,600 units of inventory on account at a cost of $0.70 per unit. 5 Sold 3,900 units of inventory on account for $0.86 per unit. (Crane sold 3,000 of the $0.60 units and 900 of the $0.70.) 7 Granted the December 5 customer $150 credit for 200 units of inventory returned costing $100. These units were returned to inventory. 17 Purchased 2,000 units of inventory for cash at $0.76 each. 22 Sold 2,200 units of inventory on account for $0.91 per unit. (Crane sold 2,200 of the $0.70 units.) Adjustment data: 1. Recognized accrued salaries payable $300. 2. Recognized depreciation $200 per month. Your answer is partially correct. Journalize the December transactions and adjusting entries, assuming Crane uses the perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)