Corp. uses the periodic method to record inventory and CGS and had the following amounts in the following accounts on December 31, 2014. Sales Sales returns and Allowances Inventory, December 31, 2013 Inventory, December 31, 2014 Freight-In Freight-Out Purchases Purchase Returns& Allowances Purchase Discounts 3,450,000 50,000 335,000 360,000 25,000 40,000 2,800,000 100,000 5,000 Provide the December 31, 2014 adjusting journal entry that Hannah would perform to update its CGS and Inventory accounts