During the month of December, Sheridan's Electronics sells $6,000 of gift cards. From experience, Sheridan's management expects that 90% of the gift cards sold will be redeemed. In January, cards worth $3,780 are redeemed for merchandise with a cost of $2,080. In February, cards worth a further $1,134 are redeemed for merchandise with a cost of $734. The company uses a perpetual inventory system. (a) Prepare journal entries to record the transactions for December, January, and February. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125. List all debit entries before credit entries.) (To record cost of merchandise) (To record breakage)