On December 1, 2022. Whispering Winds Corp. had the account balances shown below. Cash Accounts Receivable Inventory (2 800 x 50.70) Equipment Debits $4.470 3.600 1.900 21.400 $31.430 Accumulated Depreciation-Equipment Accounts Payable Common Stock Retained Earnings Credits $1.430 3210 10,300 16,490 $31.430 The following transactions occurred during December Dec 3 5 2 Purchased 3,800 units of inventory on account at a cost of $0.75 per unit Sold 4 200 units of inventory on account for $1.00 per unit, it sold 2.000 of the 5070 units and 1,400 of the $0,25) Granted the December customer $300 credit for 100 units of inventory returned costine 570. These units were returned to inventory Purchased 2.200 units of inventory for cash at $0.90 each Sold 1.900 units of inventory on account for $0.07 per unit. Olt sold 1.900 of the $0.75 units) 22 Adjustment data 1 2 3 Accrued salaries and wage payable 1320 Depreciation neument 1220 per month Income tax was $230, to be paid vest year Enter the December 1 balances in the ledger T-accounts and post the December transactions. (Post entries in the order of journal entries presented above.) Cash Dec, 1 Bal 4470 Dec 31 Dec.3 Dec 31 Bal Accounts Receivable - Inventory Equipment Equipment 1 Accounts Payable Accumulated Depreciation-Equipment 5 Salaries and Wages Payable Common Stock Income Tax Payable Income Taxes Payable Retained Earnings Sales Revenue 3 Salaries and Wages Expense Cost of Goods Sold Cost of Goods Sold > Sales Returns & Allowances Depreciation Expense Income Tax Expense