The following selected transactions relate to liabilities of Interstate Farm Equipment Company for December 2021 interstate's fiscal. year ends on December 31 Required: Prepare the appropriate journal entries for these transactions. 1. On December 15 , received $5,500 from Bradley Farms toward the sale by Interstate of a $71,500 tractorito be delivered to Bradley on January 6,2022 2 During December, received $26,000 of refundable deposits relating to containers used to transport equipment parts. 3. During. December, credit sales totaled $822,000. The state sales tax rate is 5% and the local sales tax rate is 2%. This is a summary journal entry for the many individual sales transactions for the period.) (For all requirements, if no entry is required for a transactionlevent, select " No journal entry required" in the first account field.) Journal entry worksheet On December 15 , received $5,500 from Bradley Farms toward the sale by Interstate of a $71,500 tractor to be delivered to Bradley on January 6,2022 . Note: Enter debits before credits