Indicate the balance sheet reporting by Oriole at March 31,2025 , of the information related to the Blue Spruce sales. Indicate the income statement reporting by Oriole at March 31, 2025, of the information related to the Blue Spruce sales. estion 4 of 5 ch25,2025v ch25,2025 Sales Returns and Allowances Cash (To record sales returns) Estimated Inventory Returns Inventory (To record cost of goods returned) ch 31,2025 ch31,2025 Estimated Inventory Returns Accounts Payable (Adjusting entry for sales returns) Returned Inventory Cost of Goods Sold (Adjusting entry for cost of goods sold) eTextbook and Media On March 10, 2025, Oriole Company sold to Blue Spruce Hardware 200 tool sets at a price of $47 each (cost $30 per set) with terms of r/60, fo.b. shipping point. Oriole allows Blue Spruce to return any unused tool sets within 60 days of purchase. Oriole estimates that (1) 10 sets will be returned, (2) the cost of recovering the products will be immaterial, and (3) the returned tools sets can be resold at a profit. On March 25, 2025, Blue Spruce returned 7 tool sets and received a credit to its account. Assume that instead of selling the tool sets on credit, that Oriole sold them for cash. Prepare journal entries for Oriole to record (1) the sale on March 10,2025, (2) the return on March 25, 2025, and (3) any adjusting entries required on March 31, 2025 (when Oriole prepares financial staternents). Oriole believes the original estimate of returns is correct. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is