At the beginning of the current season on April 1, the ledger of Blossom Pro Shop showed Cash $2,600; Inventory $3,500; and Common Stock $6,100. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,400, terms 2/10,n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $200. 10 Sold merchandise on account to members $1,200, terms n/30. The merchandise sold had a cost of $720. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $740, terms 1/10, n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $40. 20 Made sales on account to members $800, terms n/30. The cost of the merchandise sold was $550. 21 Paid Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $70. 30 Received payments on account from members $1,100. Journalize the April transactions using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Apr. 5 Inventory 1400 Accounts Payable 1400 Apr. 7 Inventory 80 Cash 80 Apr. 9 Accounts Payable Inventory Apr. 10 Accounts Receivable Sales Revenue (To record credit sale) (To record cost of goods sold) Apr. 10 Cost of Goods Sold Inventory Apr. 12 Accounts Payable Inventory Cash Apr. 14 Apr. 17 (To record credit sale) (To record cost of goods sold) Apr. 20 Using T-accounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries posted in part a. For accounts that have a zero balance select "4/30 Bal." from the list and enter for the amount.) Cash Accounts Receivable Inventory Inventory Accounts Payable BLOSSOM PRO SHOP Trial Balance For the Year Ended April 30, 2022 Debit Credit Prepare an income statement through gross profit for the month of April 2022. BLOSSOM PRO SHOP Income Statement (Partial) For the Year Ended April 30, 2022 Sales Sales Revenue Less : Sales Discounts Net Sales Net Income /(Loss)