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$[$The following information applies to the questions displayed below.$]$

The following trial balance pertains to Benji's Grocery as of January $1,$ Year $2.$

The following events occurred in Year $2.$ Assume that Benji's uses the periodic inventory method.

Purchased land for $$30,000$ cash.

Purchased merchandise on account for $$230,000,$ terms $\frac{1}{10}\frac{n}{45}.$

Paid freight of $$2,100$ cash on merchandise purchased FOB shipping point.

Returned $$8,600$ of defective merchandise purchased in Event $2.$

$5.$ Sold merchandise for $$186,000$ cash.

Sold merchandise on account for $$236,000,$ terms $\frac{2}{10}\frac{n}{30}.$

Paid cash within the discount period on accounts payable due on merchandise purchased in Event $2.$

Paid $$28,500$ cash for selling expenses.

Collected $$156,000$ of the accounts receivable from Event $6$ within the discount period.

Collected $$56,000$ of the accounts receivable but not within the discount period.

Paid $$17,100$ of other operating expenses.

A physical count indicated that $$48,300$ of inventory was on hand at the end of the accounting period.

a$.$ Record these transactions in a general journal. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

b$.$ Post the transactions to ledger T$-$accounts.

c$.$ Prepare a schedule of costs of goods sold, income statement, statement of changes in stockholders$$ equity, balance sheet, and statement of cash flows for Year $2.$