On April 25, Richards Electric installs wiring in a new home for $2,200 on account. However, on April 27 , Richards's electrical work does not pass inspection, and Richards grants the customer an allowance of $470 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30. Required: 1. 2. \& 3. Record the journal entries for the above information, 4. Calculate net sales reported in the income statement. Complete this question by entering your answers in the tabs below. Record the journal entries for the above information. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 3