Specialty Store uses a perpetual inventory system. The following are some inventory transactions for the month of May:Specialty Store purchased inventory on account for $$6,000.$ Freight charges of $$800$ were paid in cash.Specialty Store returned some of the inventory purchased in transaction $(1).$ The cost of the inventory was $$1,100$ and Specialty Store$$s account was credited by the supplier.Inventory costing $$3,300$ was sold for $$6,200$ in cash.Required:Prepare the necessary journal entries to record these transactions.Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$$