Maia's Bike Shop uses the perpetual inventory system and had the following transactions during the month of May: May 3 sold merchandise to a customer on credit for $600, terms 2/10, n/30. The cost of the merchandise sold was $350. May 4 sold merchandise to a customer for cash of $425. The cost of the merchandise was $250. May 6 sold merchandise to a customer on credit for is 300, terms 2/10, n/30. The cost of the merchandise sold was $750. May 8 The customer from May 3 returned merchandise with a selling price of $100.The cost of the merchandise returned was $55. May 15 The customer from May 6 paid the full amount due, loss any appropriate discounts earned. May 31 The customer from May 3 paid the full amount due, less any appropriate discounts earned. Prepare the required journal entries that Maia's Bike Shop must make to record these transactions