Oriole Company sells goods to Buffalo Company during 2020. It offers Buffalo the following rebates based on total sales to Buffalo.lt total sales to Buffalo are 8,800 units, it will grant a rebate of 2%. If it sells up to 19,600 units, it will grant a rebate of 4%. It if sells up to 28,400 units, it will grant a rebate of 6%. In the first quarter of the year, Oriolesells 12.400 units to Buffalo at a sales price of $124,000. Based on past experience, Oriole has sold over 40,000 units to Buffalo, and these sales normally take place in the third quarter of the year Prepare the journal entries including any rebates that Oriole should make to record the sale of the 12.400 units in the first quarter of the year. Oriole follows IFRS. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit Account Titles and Explanation (To record sale on account) 10 Mostly cloudy (To record sale on account) (To record rebate) eTextbook and Media List of Accounts Prepare the journal entries including any rebates that Orole should make to record the sale of the 12.400 units in the first quarter of the year. Oriole follows ASPE. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts: Account Titles and Explanation Debit Credit 1210 -/1 no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit (To record sale on account) (To record rebate) e Textbook and Media List of Accounts