DeAndre is CEO of GameGo, an online video-game clearinghouse. GameGo receives used videogames from members of the GameGc Gamer community, lists the video games on the GameGoerse website, and sells the used video games to GameGo Gamers at a 20% markup. All sales are for cash. During March, GameGo sold $1,200,000 of video games, with $1,000,000 going to the videogames' original owners and $200,000 going to GameGo. Required: (a-1) Assume GameGo is viewed as a principal. Prepare the journal entries necessary to record revenue and cost of goods sold. (a-2) Indicate GameGo's gross profit for March. (b-1) Assume GameGo is viewed as an agent. Prepare the journal entries necessary to record revenue and cost of goods sold. (b-2) Indicate GameGo's gross profit for March. Complete this question by entering your answers in the tabs below. Assume GameGo is viewed as an agent. Prepare the journal entries necessary to record revenue and cost of goods sold. Journal entry worksheet Record the $200,000 profit on sale of video games. Note: Enter debits before credits. Required: (a-1) Assume GameGo is viewed as a principal. Prepare the journal entries necessary to record revenue and cost of goods sold (a-2) Indicate GameGo's gross profit for March. (b-1) Assume GameGo is viewed as an agent. Prepare the journal entries necessary to record revenue and cost of goods sold. (b-2) Indicate GameGo's gross profit for March. Complete this question by entering your answers in the tabs below. Indicate GameGo's gross profit for March