Question 3 (31 marks) Alpines Company (Alpines) purchases and sells hiking boots. It adopts a perpetual inventory system and conducts inventory count once yearly on 31 December. The following accounts balances were extracted from its trial balance dated 30 November 2021: The following transactions happened in December 2021. Required: (a) Prepare journal entries for Alpines on the above transactions. (24 marks) (b) Calculate the following figures for the year ended 31 December 2021: (i) Sales $ (1 mark) (ii) Sales Returns \& Allowance \$ (2 mark) (iii) Cost of goods sold \$ (2 mark) (iv) Gross profit $ (2 marks)