The following information pertains to Marin Solar Panels, Inc. July 1 12 Sold $162,000 of solar panels to Cullumber Company with terms 2/15, n/30. Marin uses the gross method to record cash discounts. Marin estimates allowances of $1.500 will be honored on this sale. Sold $87,000 of solar panels to Bramble Corp. with terms of 3/10, n/60. Marin expects no allowances related to this sale. Inbox (5,938) 18 Bramble Corp. paid Marin for its July 12 purchase. 20 20 29 31 Cullumber calls to indicate that the panels purchased on July 1 work well, but the color is not quite right. Marin grants a credit of $2,700 as compensation. Cullumber Company paid Marin for its July 1 purchase. Marin expects allowances of $4,740 to be grated in the future related to solar panel sales in July. Prepare the necessary journal entries for Marin. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O Question 11 of 54 > Inbox (5,938) Inbox (5,938)