Assume Splish uses a perpetual system. Prepare all necessary journal entries. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
choose a transaction date Jan. 4	Accounts Receivable	800	enter a credit amount
	Sales Revenue	enter a debit amount	800
	(To record the sale)
	Cost of Goods Sold	400	enter a credit amount
	Inventory	enter a debit amount	400
	(To record the cost of inventory)
choose a transaction date Jan. 11	Inventory	1134	enter a credit amount
	Accounts Payable	enter a debit amount	1134
choose a transaction date Jan. 13	Accounts Receivable	1206	enter a credit amount
	Sales Revenue	enter a debit amount	1206
	(To record the sale)
	Cost of Goods sold	866	enter a credit amount
	Inventory	enter a debit amount	866
	(To record the cost of inventory)
choose a transaction date Jan. 20	Inventory	1057	enter a credit amount
	Accounts Payable	enter a debit amount	1057
choose a transaction date Jan. 27	Accounts Receivable	1056	enter a credit amount
	Sales Revenue	enter a debit amount	1056
	(To record the sale)
	Cost of Goods Sold	672	enter a credit amount
	Inventory	enter a debit amount	672
	(To record the cost of inventory)

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Compute gross profit using the perpetual system.

Gross profit

$enter gross profit in dollars