Evergreen Company sells lan and garden products to wholesalers. The companys fiscal year-end is December 31. During 2018, the following transactions related to recelvables occurred Feb. 28 Sold merchandise to Lennox, Inc. for $36,eee and accepted a 18%, 7-month note. 18% is an appropriate rate for this type of Mar. 31 Sold merchandise to Maddox Co. and accepted a noninterest-bearing note with a discount rate of 18%. The $28,eee payment is Apr. 3 Sold merchandise to Carr Co. for $28,829 with terns 4/18, n/38. Evergreen uses the gross method to account for cash note due on March 31, 2819 discounts 11 Collected the entire amount due from Carr Co 17 A custoner returned merchandise costing $4,888. Evergreen reduced the customer 's receivable balance by $5,888, the sales price of the merchandise. Sales returns are recorded by the company as they occur 38 Transferred receivables of $58,000 to a factor without recourse. The factor charged Evergreen a 3% finance charge on the receivables transferred. The sale criteria are met June 38 Discounted the Lennox, Inc., note at the bank. The bank's discount rate is 12%. The note was discounted without recourse Sep. 38 Lennox, Inc., paid the note amount plus interest to the bank Required 1. Prepare the necessary Journal entries for Evergreen for each of the above dates. For transactions Involving the sale of merchandise. Ignore the entry for the cost of goods sold. 2 Prepare any necessary adjusting entries at December 31, 2018. Adjusting entrles are only recorded at year-end. 3. Prepare a schedule showing the effect of the Journal entries on 2018 Income before taxes. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)