COuld you please answer the 3 parts of questions A, B,C which are the financial statement model, Net sales, Income statement?

Junkers Stash started the Year 2 accounting period with the balances given in the financial statements model shown below. During Year 2, Junkers Stash experienced the following business events: 1. Paid cash to purchase $75,000 of merchandise inventory. 2. The goods that were purchased in Event 1 were delivered FOB destination. Freight costs of $1,500 were paid in cash by the responsible party. 3a. Sold merchandise for $79,500 under terms 1/10, n/30. 3b. Recognized $44,400 of cost of goods sold. 4a. Junkers Stash customers returned merchandise that was sold for $2,200. 4b. The merchandise returned in Event 4a had cost Junkers Stash $1,300. 5. The merchandise in Event 3a was sold to customers FOB destination. Freight costs of $1,700 were paid in cash by the responsible party. 6a. The customers paid for the merchandise sold in Event 3a within the discount period. Recognized the sales discount. 6b. Collected the balance in the accounts receivable account. 7. Paid cash of $6,975 for selling and administrative expenses. 8. Sold the land for $9,350 cash. Required a. Record the above transactions in a financial statements model. The first event is recorded as an example. b. Determine the amount of net sales. c. Prepare a multistep income statement. (Round your answers to 1 decimal place.)

Required A Required B Required C Record the above transactions in a financial statements model. The first event is recorded as an example. (In the Cash Flow column, use OA to designate operating activ NC for net change in cash and NA to indicate the element is not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign.) JUNKER'S STASH Financial Statements Model Balance Sheet Income Statement Expense/ = Net Income Loss Revenue/ Gain Assets Statement of Cash Flow Cash + Accounts Receivable + Inventory Land Event No. Beg. bal. = Stockholders' Equity Common Retained + Stock Earnings 75,000 + 37,500 + 15,500 + 12,000 = = NA 85,000 + (75,000) + 1. + 75,000+ + - = (75,000) 2. + T + + = 3a. + 79,500 + + + 79,500 = 3b. + + + (44,000) + + 440,000/= 4a. + (2,200) + + + 79,500 (44,000) (2,200) 1,300 (1,700) (2,200) 4b + + 1,300 + + 11880831993 (1,300) = (1,700) = (44,000) (2,200) 1,300 1,700 (728) 5. (1.700) + + + + + 79,500 (4,400) (2,200) 1,300 (1,700) (728) ( 76,572 (6,975) 9,350 75,719 . + + (728) = (728) + (76,572) + 6b + + = 7. + + + 765,732 + (6,975) + (9,350) + 757,707 + 8. Ol + + + (12,000) 0 = (6,975) (2,650) 60,775 6,975 = 2,650 = 446,625 = (2,650) (46,578) End. bal. 0 + 47,800 + 75,000 + 76,572 Required A Required B Required C Determine the amount of net sales. (Round your answer to 1 decimal place.) Net sales Required A Required B Required C Prepare a multistep income statement. (Round your answers to 1 decimal place.) JUNKER'S STASH Income Statement For the Year Ended December 31, Year 2 Net sales Cost of goods sold 0.0 Operating expenses Total operating expenses 0.0 0.0 Non-operating items $ 0.0 Required B Required c