AL work 1. Tara Kelly Inc. has $6,000 in INVENTORY at Jan 1,2019 u 2019.T had the following INVENTORY TRANSACTIONS: Tara Kelly purchased Merchandise Inventory from Glenn account, terms 2/10, net/30, FOB Shipping Point50 on account, Cost $4,500 a. b. lara paid freight on shipmeni from Glenn e for $8.75 c. Tara sold Merchandisc inveniory to roint d. Tara returned $4,500 of Me within discount period. e Tara paid Glenn Charkes ine. Terms: 2/10, net/50 FOB Shijipidise Inventory purchased from Glenn Charles period UIRED Record the Transactions in the JOURNAL using the Perpetual Inventory Method a. On Oct 31, 2019 Devin's Drills Inc. had the following Cash in Bank (Book Balance) of $12,350. The Bank Statement showed an ending Balance of $21, at Oct 31st 2019. 2. Comparisons of Book to Bank revealed the following Reconciling items: a. Deposits-in Transit $2,450 b. Outstanding Checks $5,750 c. $125 Bank Service fee (Debit Memo) d. The Bank deducted a S520 check from our account (Bank Error) e. The bank collected a $6,550 Note Receivable (CREDIT MEMO) f. A NSF Check for $285 was returned with the bank statement (DEBIT MEMO) Devin recorded a deposit from Cash sales of $4,250 as $4,520 (Book Error of $270 too high) g. Required: a. Prepare a Bank Reconciliation