Prepare ajournal entry for the following transactions:

$1.$ Purchase of vehicles from manufacturer on account:

Debit: Inventory $-$ Vehicles $$608,000$

Credit: Accounts Payable $$608,000$

$2.$ Return of vehicles to the manufacturer:

Debit: Accounts Payable $$152,000$

Credit: Inventory $-$ Vehicles $$152,000$

$3.$ Sale of vehicles for cash:

Debit: Cash $$380,000$

Credit: Sales Revenue $$380,000$

$($To record the sale of vehicles$)$

Debit: Cost of Goods Sold $$228,000$

Credit: Inventory $-$ Vehicles $$228,000$

$($To record the cost of goods sold$)$

$4.$ Return of vehicle from customer for cash:

Debit: Cash $$137,000$

Credit: Sales Returns and Allowances $$137,000$

$($To record the return of the vehicle$)$

Debit: Inventory $-$ Vehicles $$76,000$

Credit: Cost of Goods Sold $$76,000$

$($To put the vehicle back into inventory at cost$)$