On March 10, 2025, Carla Vista Company sold to Pharoah Hardware 160 tool sets at a price of $50 each (cost $30 per set) with terms of n/60, fo.b. shipping point. Carla Vista allows Pharoah to return any unused tool sets within 60 days of purchase. Carla Vista estimates that (1) 10 sets will be returned, (2) the cost of recovering the products will be immaterial, and (3) the returned tools sets can be resold at a profit. On March 25, 2025, Pharoah returned 7 tool sets and received a credit to its account. Assume that instead of selling the tool sets on credit, that Carla Vista sold them for cash. Prepare journal entries for Carla Vista to record (1) the sale on March 10, 2025, (2) the return on March 25, 2025, and (3) any adjusting entries required on March 31, 2025 (when Carla Vista prepares financial statements). Carla Vista believes the original n Indicate the income statement reporting by Carla Vista at March 31,2025 , of the information related to the Pharoah sales. CARLA VISTA COMPANY Income Statement (Partial)