Canvas XCIO Question 23 10 pts Sunrise Co. sold goods with a list price of $60,000 on Dec. 14. Because the customer is new to the company, Sunrise decides to give the customer 10% trade discount. The terms for sales (cash) discount are 2/10, n/30. By Dec. 23, Sunrise had collected cash on $18,000 (gross price) of these receivables. On Dec 31, Sunrise collected cash on $5,000 (gross price) of the receivables. By Dec 31, Sunrise had sales returns of $1,500 (gross price) for the sale. The company records the sales returns as they occur. Required: (10 points) Prepare journal entries for the above transactions or events assuming the net price method is used. Edit View Insert Format Tools Table 12pt Paragraph B I U