The following transactions are for Sandhill Company.

1.		On December 3, Sandhill Company sold $475,800 of merchandise to Wildhorse Co. on account. The cost of the merchandise sold was $326,400.
2.		On December 8, Wildhorse Co. returned $22,200 of merchandise purchased on December 3. The cost of the goods was $16,000.
3.		On December 13, Sandhill Company received the balance due from Wildhorse Co.

Prepare a tabular summary to record these transactions for Sandhill Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)