On December 1, 2022, Coronado Company had the account balances shown below. (3,000$0.60) The following transactions occurred during December: Dec. 3 Purchased 4,200 units of inventory on account at a cost of $0.78 per unit. 5 Sold 4,500 units of inventory on account for $0.94 per unit. (Coronado sold 3,000 of the $0.60 units and 1,500 of the $0.78. 7 Granted the December 5 customer $177 credit for 200 units of inventory returned costing $118. These units were returned to inventory. 17 Purchased 2,000 units of inventory for cash at $0.84 each. 22 Sold 2,200 units of inventory on account for $0.99 per unit. (Coronado sold 2,200 of the $0.78 units.) Adjustment data: 1. Recognized accrued salaries payable $400. 2. Recognized depreciation $400 per month. On December 1, 2022, Coronado Company had the account balances shown below. (3,000$0.60) The following transactions occurred during December: Dec. 3 Purchased 4,200 units of inventory on account at a cost of $0.78 per unit. 5 Sold 4,500 units of inventory on account for $0.94 per unit. (Coronado sold 3,000 of the $0.60 units and 1,500 of the $0.78. 7 Granted the December 5 customer $177 credit for 200 units of inventory returned costing $118. These units were returned to inventory. 17 Purchased 2,000 units of inventory for cash at $0.84 each. 22 Sold 2,200 units of inventory on account for $0.99 per unit. (Coronado sold 2,200 of the $0.78 units.) Adjustment data: 1. Recognized accrued salaries payable $400. 2. Recognized depreciation $400 per month