can you help me with the journal entries and gross profit and gross profit percentage.

Required information CP6-3 Recording Cash Sales, Credit Sales, Sales Returns, and Sales Allowances and Analyzing Gross Profit Percentage [LO 6-4, LO 6-6) (The following information applies to the questions displayed below.) Campus Stop, Inc., is a student co-op. Campus Stop uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis: $279,400 a. sold merchandise for cash (cost of merchandise $154,110). b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $830). c. Sold merchandise (costing $9,900) to a customer on account with terms 1/30. d. Collected half of the balance owed by the customer in (c). e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 1,630 22,000 11,000 1,840 CP6-3 Part 3 3. Prepare journal entries to record transactions (6)-(e). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Record the cash sales of $279,400. Record the cost of goods sold of $154,110. 3 Record the return by a customer of unsatisfactory merchandise that was in perfect condition. A cash refund of $1,630 was given to the customer. 4 Record the merchandise returned by the customer back into inventory. The original cost of the merchandise was $830. 5 Record the sales on account of $22,000 on terms n/30. 6 Record the cost of goods sold of $9,900. Record the collection of half of the balance of $11,000 owed by the customer within the discount period. 8 Record the allowance of $1,840 granted to the customer. 4. Campus Stop is considering a contract to sell merchandise to a campus organization for $17,000. This merchandise will cost Campus Stop $12,600. Would this contract increase or decrease) Compus Stop's dollars of gross profit and its gross profit percentage? TIP: The impact on gross profit dollars may differ from the impact on gross profit percentage. (Round "Gross Profit Percentage" to 1 decimal place.) by Gross Proth Gross Profit Percentage 10