Bugs Bunny had the following transactions related to the sale of merchandise inventory during March: Mar 2 Sold merchandise costing exist2,000 for exist8,000 on account to Tweety Company, terms 2/10, n/30, FOB Destination. Bugs Bunny paid exist300 of shipping charges to Worldwide Shipping Company. 4 Tweety Company returned exist600 of merchandise (cost exist150) for credit. 9 Sold merchandise costing exist3,000 for exist12,000 on account to Daffy Company, terms 2/10, n/30, FOB Shipping Point. Daffy Company exist500 of shipping charges to Worldwide Shipping Company 12 Received the amount due from Tweety Company. 13 In order to match a competitor's lower price, Bugs Bunny agreed to reduce the sales price of the merchandise sold to Daffy Company on March 9 by exist1, 200 19 Received the amount due from Daffy Company. Bugs Bunny maintains an accounts receivable subsidiary ledger. REQUIRED: A. Give the general journal entries required to record the March transactions, assuming that Bugs Bunny uses the perpetual inventory method. B. What are net sales for March