At the beginning of the current season on April 1, the records of Bridgeport Pro Shop showed Cash $3,000, Inventory $3,500, and Common Stock $6,500. The following transactions occurred during April 2017. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,200. 9 Received credit from Arnie Co.for merchandise returned $600. 10 Sold merchandise on account to members $1,480. The merchandise sold had a cost of $880. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $980. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $80. 20 Made sales on account to members $830. The cost of merchandise sold was $550. 21 Paid Woods Sportswear in full. 30 Received payments on account from members $1,150. (a) Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Inventory, Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, and Cost of Goods Sold. Enter the beginning balances in the summary. Assets Liabilities + Cash + Accts. Rec. + Inv. = Accts. Pay. + Common Stock Bal. Apr. 1 $