Uriole Wholesalers uses a perpetual inventory system. Mar: Stellar Stores purchases $8,500 of merchandise for resale from Oriole Wholesalers, terms 2/10,/30,FOB shipping 1 point. 2 The correct company pays $165 for the shipping charges. 3 Stellar returns $1.100 of the merchandise purchased on March 1 because it was the wrong colour. Oriale gives Stellara $1,100 crediton its account. 21 Stellar Stores purchases an additional $13,500 of merchandise for resale from Oriole Wholesalers, terms 2/10, n/30. FOB destination. 22 The correct company pays $175 for treight charges. 23 Stellar returns $500 of the merchandise purchased on March 21 becauselt was damaged. Onlole tives 5 tellar a $500 crediton its ascount 30 Stellar paid Oriole the amountowing for the merchandise purchased on Macch 1 31 Stellarpaid Oriole the amount owing for the merchand se purctiased on March 21. Additionalinformation: Mar. Oriole's cost of the merchandise soid to Stellar was 54,200 . 3. Oriole's cost of the merchandise returned by Stellar was 5544 . As the merchandise was not damaged. it was retuincd ta Oriole's inventory 21 Oriole's cost of the additional merchandise sold to Stellar Stores was 56.671 23 Orecyeling birt Prepare Oriole Whalesalers' journal entries to recoed the sales transactions with Steltar, Remenber to record the freight and cisit. pritsented in the problems the oll dedit entries befort ondit antries.) Calculate Oriole's net sales, cost of goods sold, and gross profit for these sales. Netsales Cost of goods sold