"Sunny Food" is a main meat retailer in Kowloon, Hong Kong. Some of Sunny's transactions in Nov & Dec of 2022 are as follows: 5-Nov Sold grade 1 beef on account to Li Li restaurant, $135,900 on terms of 2/10, n30 The inventory cost of these goods was $95,130. 9-Nov Purchased Grade 2 beef on account from Big Fortune Meat Company, $49,800 on terms of 3/10, n45. Sunny records at net invoice price. 10-Nov Returned some Grade 2 beef with a gross value of HK$ 4,500 to Big Fortune Company becasue of unsatifactory goods. 12-Nov Collected cash $ 133,182 from Li Li Restaurant. 9-Dec Paid Big Fortune Meat Company the balance owed. a Prepare journal entries for the above transactions and events. Sunny uses a perpetual inventory system. b Prepare a partial income statement showing Sunny's gross profit for the above transactions.