Outdoor Expo provides guided fishing tours. The company charges $300 per person but offers a 20% discount to parties of four or more. Consider the following transactions during the month of May.

May	2	Charlene books a fishing tour with Outdoor Expo for herself and four friends at the group discount price ($1200 = $240 5). The tour is scheduled for May 7.
May	7	The fishing tour occurs. Outdoor Expo asks that payment be made within 30 days of the tour and offers a 6% discount for payment within 15 days.
May	9	Charlene is upset that no one caught a single fish and asks management for a discount. Outdoor Expo has a strict policy of no discounts related to number of fish caught.
May	15	Upon deeper investigation, management of Outdoor Expo discovers that Charlenes tour was led by a new guide who did not take the group to some of the better fishing spots. In concession, management offers a sales allowance of 30% of the amount due.
May	20	Charlene pays for the tour after deducting the sales allowance.

Required:

1.

Record the necessary transaction(s) for Outdoor Expo on each date. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to 2 decimal places.)

2.	Calculate net revenues. (Round your answers to 2 decimal places.)

3.	Show how Outdoor Expo would present net revenues in its income statement. (Round your answers to 2 decimal places.)