Royal Gift Shop sells cards, supplies, and various holiday greeting cards. Sales to retail customers are subject to an 8 percent sales tax. The firm sells its merchandise for cash; to customers using bank credit cards, such as MasterCard and Visa; and to customers using American Express. The bank credit cards charge a 2 percent fee. American Express charges a 3 percent fee. Royal Gift Shop also grants trade discounts to certain wholesale customers who place large orders. These orders are not subject to sales tax. During February 20xi, Royal Gift Shop engaged in the following transactions: DATE FRANSNCTIONS 20x1 15 Recorded eash sales for the period fros February 1 to February 15 of $8,600 plual salen teax of $60. bales tax of $1,040. (Pecord the 2 percent credit card expense at this time.) 16 Recelved a eheck from tovely Kitchens in payment of Involce 5950 datmd Yebruary 1. 16 sold merchandisa to customers using American Expreas for 5g,100 plus sales tax of s648. percent trade discount. Fhin sale in not subject to sales tax, Insued Invoice 5951 with teran of. n/15. expense. 27 Received in cbeck fron Deautiful Dedrootis in payment of Invoice 5951 dated rebruary 17. 2. Recorded cabh bales for the period troe February 16 to february 2 of 57,750 plus males tax by 3620. plus sales tax of 51,200 . Thecord the 2 percent eredit eard expense at this time. 2 Sold merchandise to eustomer geing Rmeridan Enprean for 512,200 plua sales tax of bs? Required: 2. Record the transactions in a general joumal. 3. Post the entries from the general journal to the appropriate accounts in the general ledger. GENERAL LEDGER ACCOUNTS 101 Cash, $23,230 Dr. 401 Sales 121 Accounts Receivable 521 Credit Card Expense 222 Sales Tax Payable Analyze: What was the total credit card expense incurred in February? Complete this question by entering your answers in the tabs below. What was the total credit card expense incurred in February? (Round your intermediate calculations and final answer to 2 decimal places.)