Two different companies. Vogel Corporation and Hatcher Corporation, entered into the following inventory transactions chuiring December. Both companies use a perpetail irventory systert using the gross method of tecording sales discounts. - December 3 - Vogel Corporation sold inventory on account to Hatcher Corporation for $240,000, terms 210, n/30. This imventory origirally cost Vogel $160,000 - December 8 - Hatcher Corporation returned imventory to Vogel Corporation for a credit of $15,000. Vogel returned this inventory to inventory at its original cost of $10,000 - December 12 - Hatcher Corporation paid Vogel Corporation for the amount owed. Required: a. Prepare the journal entries to record these transactions on the books of Vogel Corporation b. What is the amount of net sales to be reported on Vogel Corporation's income statement? c. What is the Vogel Corporation's gross profit percentage