Required information Use the following information for the Exereises below. (Algo) (The folowing information appoes fo the ginestions displayed belowe) 1. On July 15, Piper Company sold $:4,000 of merchundae lcosting 52,000 for cash. The sales tax rate is 4k. On Acgust 1. Pipersent the soles tar cotected from the sale to the government 2. On Norember 3, the Mitwaukee Bucks sold a six-game pock of advance lichets for $420 cash. On Norember 20 , the flucks played the frat game of the sir gage pack this tepresented one-simth of the advince ticket sales). Exercise 9.3 (Algo) Financial statement impact of current liability transactions LO C2 Araint eoch seporgte uansbction by showing iss effects on the accounterg equation-specifically, identhy the accounts and amaunts Pncluding +or-1 for each vractsoction. (Enter alt amounts as poshlive valuec)