The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $210,000 (assume Marchetti uses a perpetual inventory system); (2) paid $53,000 in salaries to employees for work performed during the month; (3) sold merchandise that cost $146,000 to credit customers for $265,000; (4) collected $245,000 in cash from credit customers; and (5) paid suppliers of inventory $190,000. Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero except for cash, accounts receivable, and accounts payable that had opening balances of $71,500, $56,000, and $35,000, respectively. (Enter the transaction number in the column next to the amount.)

Cash Beg. bal. 53,000 Beg. bal. 71,500 245,000 Accounts receivable 56,000 www 265,000 190,000 73,500 End. bal. End. bal. 321,000 Inventory 210,000 Accounts payable 190,000 Beg. bal. Beg. bal. End. bal. 210,000 End. bal. 190,000 Sales revenue 265,000 Cost of goods sold 146,000 Beg. bal. Beg. bal. End, bal. 265,000 End. bal. 146,000 Salaries expense 53,000 Beg. bal. End. bal. 53,000