Use a tabular summary to record the following transactions for Crane Company using a perpetual inventory system. (a) On March 2, Crane Company sold $889,700 of merchandise to Sheridan Company on account. The cost of the merchandise sold was $586,400. (b) On March 6, Sheridan Company returned $117,700 of the merchandise purchased on March 2. The cost of the merchandise returned was $63,800. (c) On March 12, Crane Company received the balance due from Sheridan Company. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets -Liabilities + Stockholders' Equity Retained Earnings Exp. Cash +Accts. Rec. Accts. Pay.+Common Stock + Inv a) Mar. 2 b) 6 c) 12