The following transactions are for Solarte Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) On December 3, Solarte Company sold $455,700 of merchandise to Rooney Co., terms 2/10, n/30. The cost of the merchandise sold was $328,800. On December 8, Rooney Co. was granted an allowance of $24,700 for merchandise purchased on December 3. On December 13, Solarte Company received the balance due from Rooney Co. Prepare the journal entries to record these transactions on the books of Solarte Company. Solarte uses a perpetual inventory system. Assume that Solarte Company received the balance due from Rooney Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2