Problem 6-197 [LO 6-4, LO 6-5, LO 6-S1] Two different companies, Vogel and Hatcher, entered into the following inventory transactions during December. Both companies use a perpetual inventory system . December 3- Vogel Corporation sold inventory on account to Hatcher Corp. for $499,000, terms 1/10, n/30. This inventory originally cost Vogel $317,000 ) . December 8-Hatcher Corp. returned inventory to Vogel Corporation for a credit of $4,600. Vogel returned this inventory to inventory at its original cost of $2,922 . December 12 - Hatcher Corp. paid Vogel Corporation for the amount owed Required: a. Prepare the journal entries to record these transactions on the books of Vogel Corporation b. What is the amoun c. What is the Vogel Corporation's gross profit percentage? t of net sales to be reported on Vogel Corporation's income statement? Complete this question by entering your answers in the tabs below Required A Required B Required C Prepare the journal entries to record these transactions on the books of Vogel Corporation. (If no entry is required for a event, select "No Journal Entry Required" in the first account field.)