Toy Retailer operates in a city where the combined state and local tax rate is 7%. During October 2018, it had the following transactions Oct 12 Sold inventory to a customer for $3,200 plus sale tax for cash. The inventory costs $1,760. Oct 15 Sold inventory to a customer for $6,200 plus sales tax on account. The inventory costs $2,800. Record the transactions for October 2018. The company uses a perpetual inventory system Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole dollar For transactions that have more than one debit or more than one credit, enter the accounts in alphabetical order. Date Account Title and Explanation Debit Credit Oct 12 Cash sale Oct 12 COGS for the above sale Oct 15 4 4 Sales on account Oct 15 COGS for the above sale