In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Cullumber Company enters sales and sales taxes separately on its cash register. On April 10 , the register totals are sales $34,500 and sales taxes $1,725. 2. ToyCo Company does not segregate sales and sales taxes. Its register total for April 15 is $23,540, which includes a 7% sales tax. (a) Prepare tabular summaries to record the sales transactions and related taxes for Cullumber Company. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity \begin{tabular}{|c|c|c|c|c|c|} \hline & & \multicolumn{4}{|c|}{ Retained Earnings } \\ \hline & Revenue & - & Expense & - & Dividend \\ \hline$ & & $ & & $ & \\ \hline \end{tabular}