Historically, about 8 % of all the merchandise Asiago, Inc. sells is returned. On January 4, Asiago sold merchandise costing $ 40,000 to a customer for $ 62,000 on account. On January 17, Asiago refunded $ 3,200 for the return of some of the merchandise. On January 28, Asiago sold merchandise costing $ 12,000 for $ 15,000 on account. Assume the company uses a perpetual inventory system and all accounts are unpaid at the time of returns. Requirement Prepare the journal entries to record the sales, estimated returns, and the actual return. (Record debits first, then credits. Exclude explanations from any journal entries. Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar.) Now prepare the journal entry to record the cost of goods sold on January 28