Crane Publishing Co. publishes college and university textbooks that are sold to bookstores on the followine terms. Each title has a foced wholesale price, terms fo b shipping point, and paryment is due 60 days after shipment. The retail er mav return a maximum of 30S of an order at the retailer's opense. Sales are made only to retalers who have good credit ratings. Past opperience ind cates that the normal return rate is 12% and the average collection period is 72 days. The company follows IFRS (c) On August 8, 2023, Crane shipped books invoiced at $16,000,000 icost $12,800,000. Prepare the journal entry to record this transaction, including the expected returns (Cindit occount tities ore outometioaly indented when the anount is entered, Do not indent manualy. If no entry it required select "No Entry" for the account titles and enter O for the amounts List all debit entries before credit entries) (d) The parts of this question must be completed in order. This part will be avallable when you complete the part above. (e1) The parts of this question must be completed in order. This part will be available when you complete the part above. (e2) The parts of this question must be completed in order. This part will be available when you complete the part above