On April 25, Richards Electric installs wiring in a new home for $3,100 on account. However, on April 27, Richards's electrical work does not pass inspection, and Richards grants the customer an allowance of $560 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. Calculate net sales reported in the income statement. Journal entry worksheet 3 Note: Enter debits before credits. Journal entry worksheet