Presented below are transactions related to Crane Company.

1.		On December 3, Crane Company sold $644,700 of merchandise on account to Blue Co., terms 4/10, n/30, FOB destination. Crane paid $410 for freight charges. The cost of the merchandise sold was $363,600.
2.		On December 8, Blue Co. was granted an allowance of $27,400 for merchandise purchased on December 3.
3.		On December 13, Crane Company received the balance due from Blue Co.

Prepare the journal entries to record these transactions on the books of Crane Company using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)