At the beginning of the current season on April 1, the ledger of Oriole Pro Shop showed Cash $2,760; Inventory $3,500; and Common Stock $6,260. The following transactions were completed during April 2022.

Apr. 5 -Purchased golf bags, clubs, and balls on account from Arnie Co. $2,600, terms 4/10, n/60.

7 Paid freight on Arnie purchase $80.

9 Received credit from Arnie Co. for merchandise returned $600.

10 Sold merchandise on account to members $1,210, terms n/30. The merchandise sold had a cost of $750.

12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $960, terms 2/10, n/30.

14 Paid Arnie Co. in full.

17 Received credit from Woods Sportswear for merchandise returned $60.

20 Made sales on account to members $900, 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 $85.

30 Received payments on account from members $1,170.

1. Journalize the April transactions using a perpetual inventory system. (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 the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

2. 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 0 for the amount.)

3. Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.)

4. Prepare an income statement through gross profit for the month of April 2022.