Kern's Book Warehouse distributes hardcover books to retail stores and extend credit terms of 2/10, n/30 to all of its customers. At the end of May, Kern's inventory consisted of books purchased for $1,800. During June, the following merchandising transactions occurred June 1 Purchased books on account for $1,600 from Binsfield Publishers, FOB destination, terms 2/10, n/30 The appropriate party also made a cash payment of $50 for the freight on this date Sold books on account to Reading Rainbow for $2,500. The cost of the books sold was $1,440 3 6 Received $100 credit for books returned to Binsfield Publishers. 9 Paid Binsfield Publishers in full, less discount. 15 Received payment in full from Reading Rainbow 17 Sold books on account to Rapp Books for S1,800. The cost of the books sold was $1,080 20 Purchased books on account for $1,800 from McGinn Publishers, FOB destination, terms 2/15,n/30 The appropriate party also made a cash payment of $60 for the freight on this date 24 Received payment in full from Rapp Books. 26 Paid McGinn Publishers in full, less discount. 28 Sold books on account to Baeton Bookstore for $1,600. The cost of the books sold was $970 30 Granted Baeton Bookstore $120 credit for books returned costing $72 Kern's Book Warehouse's chart of accounts includes the following: No.101 Cash, No.112, Accounts Receivable No.120 Inventory, No. 201 Accounts Payable, No. 401 Sales Revenue, No.412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold (A) Jourmalize the transactions for the month of June for Kern's Book Warehouse using a periodic inventory system. Value 66 pts NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a