4. On April 1, Pear Electronics Inc. shipped several laptop computers to Walton Retailers on consignment. On April 30, Walton reported the number of computers sold and remitted the appropriate amount to Pear. Other information pertaining to this consignment arrangement follows: 12 marks Number of laptop computers shipped to Walton Retailers 237 Selling price per computer $ 940 Amount paid by Pear Electronicsto ship computersto Walton Retailers $ 3,708 Commission charged by Waton to Pea on computers sold (as percentage of sales) Credit card processing costs incurred by Walton on all computers sold to be reimbursed by Pear) $ 2,684 Pear's cost per computer $ Number of computers sold by Walton during the month of April 107 6% 470 Required: 1. Prepare all journal entries required for the consignment arrangement on the books of Pear Electronics. (8 marks) 2. Prepare all journal entries required for the consignment arrangement on the books of Walton Retailers. (4 marks)