Two different companies, Vogel Corporation and Hatcher Corporation, entered into the following irventory tansactions during December. Both companies use a perpetual inventory systemrusing the gross method of recording sales discounts. - December 3 - Vogel Corporation sold inventory on account to Hatcher Corporation for $240,000, terms 2/10, n 30 This inventory originally cost Vogel $160,000. - December 8 - Hatcher Corporation returned inventory 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 joumal 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? Complete this question by entering your answers in the tabs below. What is the Vogel Corporation's gross profit percentage? (Round yot answer to. the nearest whole percent (i.e; 0.1234 should be entered as 121.)