Dan Watson started a small merchandising business in Year $1.$ The business experienced the following events during its first year of operation. Assume that Watson uses the perpetual inventory system.

Acquired $$30,000$ cash from the issue of common stock.

Purchased inventory for $$18,000$ cash.

Sold inventory costing $$15,000$ for $$32,000$ cash.

Please help me with step b:

b$.$ Post the entries to T$-$accounts.