At the beginning of Year $2,$ the Redd Company had the following balances in its accounts:

Cash $ $8,600$

Inventory $2,600$

Common stock $8,100$

Retained earnings $3,100$

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During Year $2,$ the company experienced the following events:

$1.$ Purchased inventory that cost $$6,100$ on account from Ross Company under terms $2/10,$ n$/30.$ The merchandise was delivered FOB shipping point. Freight costs of $$560$ were paid in cash.

$2.$ Returned $$350$ of the inventory that it had purchased because the inventory was damaged in transit. The seller agreed to pay the return freight cost.

$3.$ Paid the amount due on its account payable to Ross Company within the cash discount period.

$4.$ Sold inventory that had cost $$6,600$ for $$9,600$ on account, under terms $2/10,$ n$/45.$

$5.$ Received merchandise returned from a customer. The merchandise originally cost $$560$ and was sold to the customer for $$860$ cash. The customer was paid $$860$ cash for the returned merchandise.

$6.$ Delivered goods FOB destination in Event $4.$ Freight costs of $$660$ were paid in cash.

$7.$ Collected the amount due on the account receivable within the discount period.

$8.$ Took a physical count indicating that $$2,300$ of inventory was on hand at the end of the accounting period.

Please Make Income statement, SOFP and SOCE and SOCF$/$