This information relates to Blossom Co. 1. 2. On April 5, purchased merchandise from Sunland Company for $35,600 on account On April 7, purchased equipment on account for $37.200. On April 8, returned $5,000 of April 5 merchandise to Sunland Company, On April 15, paid the amount due to Sunland Company in full. 3 4. Prepare a tabular summary to record the transactions listed above for Blossom Cousing a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45)) Assets Cash Inv. Equipment April 5 $ 7 8 15 Liabilities Stockholders' Equity Retained Earn Exp. Accts. Pay. Common Stock Rev. $