Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. Palisade Creek does not accept merchandise returns, but does grant refunds or credits for defective or damaged merchandise. The account balances for Palisade Creek Co. as of May 1, 2017 (unless otherwise indicated), are as follows: 110 Cash 112 Accounts Receivable 115 Inventory 117 Prepaid Insurance $83,600 233,900 652,400 16,800 118 Store Supplies 11,400 123 Store Equipment 569,500 124 Accumulated Depreciation-Store Equipment 56,700 210 Accounts Payable 96,600 211 Customer Refunds Payable 50,000 212 Salaries Payable 310 Lynn Tolley, Capital, June 1, 20Y6 685,300 311 Lynn Tolley, Drawing 135,000 410 Sales 5,069,000 510 Cost of Goods Sold 2,823,000 520 Sales Salaries Expense 664,800 281,000 521 Advertising Expense 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 12,600 530 Office Salaries Expense 382,100 531 Rent Expense 83,700 532 Insurance Expense 539 Miscellaneous Administrative Expense 7,800 Part 1: Journalize the transactions below for May, the last month of the fiscal year. If an amount box does