The transactions listed below are typical of those involving Southem Sporting Goods and Sports R Us. Southern Sporting Goods is wholesale merchandiser end Sports R Us is a retail merchandiser Assume all sales of merchandise from Southern Sporting Goods to Sports R Us are made with terms 2/10, n/30, and that the two companies use perpetual inventory systems. Assume the following transactions between the two companies occurred in the order listed during the year ended December 31 Southern Sporting Goods sold merchandise to Sports R Us otseling price of $175,000. The merchandise had cost Southern Sporting Goods $114,000 b. Two deys later. Sports R Us complained to Southern Sporting Goods that some of the merchandise differed from whet Sports R Us had ordered, Southern Sporting Goods agreed to give en llowence of $8.000 to Sports R Us. ee days later Sports R Us paid Southern Sporing Goods, which settled all amounts owed Section Break PB6-1 Reporting Purchase Transactions between Wholesale and Retall Merchandisers Using Perpe Inventory System:10 63 value: 2.00 points PB6-1 Part 1 Required 1. Complete the folowing table, indicating the sign + for ncrease -for decresse) and amount of the effect of es ch transaction on the inventory balance of Sports R Us (Enter all amounts as positive values.) Effect on Inventory Balance Transaction Search the web and Windows