During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Purchased goods for $6,500 from Diamond Inc. with terms 3/10, n/30. 5 Returned goods costing $2,300 to Diamond Inc. for full credit. 6 Purchased goods from Club Corp. for $2,200 with terms 3/10, n/30. 11 Paid the balance owed to Diamond Inc. 22 Paid Club Corp. in full. Required: Prepare journal entries to record the transactions, assuming Ace uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

b.	What is the amount of net sales to be reported on Ripper Corporation's income statement?

c.

What is the Ripper Corporation's gross profit percentage? (Round your answer to the nearest whole percent (i.e., 0.1234 should be entered as 12)