Question 3 The following are selected transactions of Big, Inc. 10-May: Big sold and shipped on account to Small, Inc, merchandise for $40,000 gross marginis 30. terms 2/15/30. Mint You COCA 12 May: Shipping costs of $3,200 were paid. The terms of the sale were FOB Destination 16-May: Small, Inc. returned merchandise billed at $2.000 on May 16. Gross margin is 30%). Mint you must calculate COGS 24-May: Received a check from Small, Inc. for full settlement of the May 10 transaction 20 pts REQUIRED: Record the above transactions in general journal form as they would appear on the books of Big, Inc. and Small, Inc. Both companies use the perpetual inventory system, is Big Date Account Debit Credi Small Date Account Duble