McLaughlin Novelty Corp. (McLaughlin) developed an unusual product, electric clip-on eyeglass wipers. McLaughlin felt the product would appeal to hikers, joggers, and cyclists who engaged in their sports in rainy climates. Because retail establishments were skeptical about the market appeal of the product, McLaughlin sold the product with a declining unconditional right of return for up to ten months, with 10% of the right-of-return amount of the purchase expiring every month for ten months. Thus, after the retailer had the product for one month, only 90% could be returned. After two months, only 80% could be returned, and after ten months, the right of return was fully expired. Assume that all the values provided for "returns" in the question data meet the terms set for right of return by McLaughlin. McLaughlin had no basis for estimating the amount of returns. Consistent with the terms McLaughlin offered its customers, all retailers paid cash when purchasing the clip-on-eyeglass wipers but received cash refunds if goods were returned. McLaughlin had its first sales of the product in September 205. Sales for the remainder of the year, and returns prior to 31 December 205, were as follows: Each unit of product costs McLaughlin $6 to produce. 4. For the above transactions, total returns in all of 206 were as follows: Show the entries to record the returns in 206 and to record sales revenue and cost of sales from the 205 shipments of this product. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 2 > Note: Enter debits betore credits. Journal entry worksheet Record the sales revenue and cost of sales. Note: Enter debits before credits