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Required information [The fowowing information applles to the questions dispiayed below) The following are the sales transactions of EcoMart Merchandising. EcoMart uses a perpetuarinventory system and the gross method. Dctober 1 sold nerchandise for $2,8ed, with credit terns n/30, involce dated 0ctober 1. The cost of the nerchandise is $1,550. 0ctober 6 The custoner in the 0ctober 1 sate returned $288 of encchandise for full credit. The nerchandise, october g which had cost $155, is returned to inventory. october. 9 . Sold nerchandise for $1,350 cash. Cost of the nerchandise is $970. 0ctober 30 Recetved payment for the arount due fron the october 1 sale less the return on october 6 . Jse the above transactions, to anolyze each transaction by indicating its effects on the comporients of the income statementpecificaliy. identify the accounts and amounts (including + or ) for each transaction