Record the following transactions for the month of October 2022 in the financial statements effects template below and record the journal entries. NOTE: 2 parts ot the question. Part 1: A) Paid for the purchase $3,000 of inventory. B and C) Sold inventory purchased in (A) for $8,000 on account. (Note: requires 2 entries) D) Received and paid electricity bill for $800 related to June E) Received $16,000 in cash for inventory to be delivered in November