During its first year of operations, Drone Zone Corporation (DZC) bought goods from a manufacturer on account at a cost of $51,000. DZC returned $8,100 of this merchandise to the manufacturer for credit on its account. DZC then sold $39,000 of the remaining goods at a selling price of $65,600. DZC records sales returns as they occur and then records estimated additional returns at year-end. During the year, customers returned goods and were issued gift cards equal in amount to the initial selling price of $6,900. These goods were in perfect condition, so they were put back into DZC's inventory at their cost of $4,100. At year-end, DZC estimated $9,110 of current-year merchandise sales would be returned to DZC in the following year, DZC estimates $5,400 as its cost of this merchandise, Prepare journal entries to record DZC's transactions and estimates, assuming DZC uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. Record the purchase of goods from a manufacturer on account for $51,000. $8,100. 3 Record the sale of goods for $65,600 cash. 4 Record the cost of goods sold at $39,000. 5 Record the return of goods by the customer at $6,900. 6 Record the cost of goods returned at $4,100. 7 Record the return of goods estimated for the following year at $9,110. 8 Record the cost of goods estimated to be returned in the following year at $5,400. Note: = journal entry has been entered