In the current year, Borden Corporation had sales of $2.090,000 and cost of goods sold of $1.245,000. Borden expects returns in the following year to equal 8% of sales. The unadjusted balance in Inventory Returns Estimated is a debit of $15,000, and the unadjusted balance in Sales Refund Payable is a credit of $19,000. The adjusting entry or entries to record the expected sales returns is (are) Multiple Cholce Sales Returns and Allowances 143, 280 Sales Refund Payable Inventory Returns Estimated 148,280 4,600 Cost of ds sold 84,680 Accounts Receivable 2,096,880 Sales 2,ese,800 Sales Refund Payable Accounts receivable 167,200 1,922,8ee Sales Refund Payable 148,288 Accounts receivable 148,28e Sales returns and allowances 148,208 Sales 143, 280 Cost of Goods Sold 84,608 Inventory Returns Estinated 34,680