Pleasr answer the missing slots

Cycle Wholesaling sold merchandise on account, with terms ni60, to Sarah's Cycles on February 1 for $1,200( cost of goods soid of \$700). On February 9 , Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $175 ). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required: 1. to 3. Prepare the journal entries to record the sale on February 1, goods returned on February 9, and cash collected on March 2 4. Calculate the gross profit percentage for the sale to Sarah's Cycles. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the sale on February 1, goods retumed on february 9, and cash collected on March 2. (If) no entry is required for a transaction/event, select 'No Joumal Entry Required in the first account fieldi) Prepare the journal entries to record the sale on February 1, goods returned on February 9, and cash collected on March 2. (If no entry is required for a transaction/event, select "Wo Joumal Entry Required" in the first account field. to 3. Prepare the journal entries to record the sale on February 1, goods returned on February 9, and cash collected on March 2 . 4. Calculate the gross profit percentage for the sale to Sarah's Cycles. Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate the gross profit percentage for the sale to Sarah's cycles. (Round your answer to 1 decimal place)