On December 1, 2022, Whispering Winds Corp. had the account balances shown below.

		Debits				Credits
Cash		$4,470		Accumulated DepreciationEquipment		$1,430
Accounts Receivable		3,600		Accounts Payable		3,210
Inventory (2,800 x $0.70)		1,960		Common Stock		10,300
Equipment		21,400		Retained Earnings		16,490
		$31,430				$31,430

The following transactions occurred during December.

Dec. 3		Purchased 3,800 units of inventory on account at a cost of $0.75 per unit.
5		Sold 4,200 units of inventory on account for $1.00 per unit. (It sold 2,800 of the $0.70 units and 1,400 of the $0.75.)
7		Granted the December 5 customer $100 credit for 100 units of inventory returned costing $70. These units were returned to inventory.
17		Purchased 2,200 units of inventory for cash at $0.90 each.
22		Sold 1,900 units of inventory on account for $0.87 per unit. (It sold 1,900 of the $0.75 units.)

Adjustment data:

1.		Accrued salaries and wages payable $320.
2.		Depreciation on equipment $220 per month.
3.		Income tax expense was $230, to be paid next yea

Journalize the December transactions and adjusting entries, assuming Whispering Winds Corp. uses the perpetual inventory method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)