Most of my answers are correct but when I submit I receive as message as Answer is not complete:

Junker's Stash started the Year 2 accounting period with the balances given in the financial statements model shown as follows. During Year 2, Junker's Stash experienced these business events: 1. Paid cash to purchase $88,000 of merchandise inventory. 2. The goods that were purchased in Event 1 were delivered FOB destination. Freight costs of $1,760 were paid in cash by the responsible party. 3a. Sold merchandise for $99,000 under terms 1/10, n/30. 3b. Recognized $50,900 of cost of goods sold. 4a. Junker's Stash customers returned merchandise that was sold for $2,460. 4b. The merchandise returned in Event 4a had cost Junker's Stash $1,430. 5. The merchandise in Event 3a was sold to customers FOB destination. Freight costs of $1,830 were paid in cash by the responsible party. 6a. The customers paid for the merchandise sold in Event 3a within the discount period. Recognized the sales discount. 6b. Collected the balance in the accounts receivable account. 7. Paid cash of $7,300 for selling and administrative expenses. 8. Sold the land for $10,000 cash. Required a. Record the transactions in a horizontal financial statements model. b. Determine the amount of net sales. c. a multistep income statement. Include common size percentages on the income statement. d. The return-on-sales ratio for Junker's Stash during the prior year was 12 percent. Based on the common size data in the income statement, did the expenses for Junker's Stash increase or decrease in Year 2? Assume sales are the same for both years.

Required A Required B Required C Required D Record the transactions in a horizontal financial statements model. (In the Statement of Cash Flows column, use OA to designate operating activity, IA for investment a in cash; leave the cell blank if the Statement of Cash Flows is not affected. Enter any decreases to account balances and cash outflows with a minus sign. Round your a JUNKER'S STASH Financial Statements Model Balance Sheet Income Statement Assets Stockholders' Equity Revenue/ Expense/ Gain Loss = Net Income Statement of Cash Event Flows Accounts + + Common No. Cash + Receivable Inventory Land Stock + Retained Earnings Beg. bal. 98,000 + + 16,800 + 14,600 88,000 + 41,400 (88,000) + + 88,000 + + (88,000) OA 2. + + + 3a. + 99,000 + + S + 99,000 99,000 99,000 3b + (50,900) + (50,900) 50,900 (50,900) 4a. (2,460) + + (2,460) (2,460) (2,460) 4b + + 1,430 + 1,430 1,430) 1,430 5 (1,830) + + + (1,830) 1,830 (1,830) (1,830) OA 6a. (965) + + (965) (965) (965) 6b 95,575 + (95,575) + + + 95,575 OA 7 (7,300) + + + 7,300) 7,300 (7,300 (7,300) OA 8 10,000 + + + (14,600) + (4,600) 4,600 = (4,600) 10,000 IA End. bal. 106,445 + 0 + 65,330 + 0 88,000 + 73,775 95,575 63,200 32,375 8,445Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the amount of net sales. (Round your intermediate calculations and final answer to the nearest whole dollar.) Net sales $ 95,575Required A Required B Required C Required D Prepare a multistep income statement. Include common size percentages on the income statement. (Round percentages to 1 decimal place.) JUNKER'S STASH Income Statement For the Year Ended December 31, Year 2 Net sales $ 95,575 100.0 % Cost of goods sold (49,470) 51.8 % Gross margin 46, 105 48.2 % Operating expenses Transportation-out $ 1,830 1.9 % Selling and administrative expenses (7,300) 7.6 % % Total operating expenses (5,470) 9.5 % Operating income 40,635 38.7 % Non-operating items Loss on sale of land (4,600) 4.8 % Net income $ 36,035 33.9 %Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D The return-on-sales ratio for Junker's Stash during the prior year was 12 percent. Based on the common size data in the income statement, did the expenses for Junker's Stash increase or decrease in Year 2? Assume sales are the same for both years. Decrease