1. State College Technology Store is a retial computer store in the university center of a large midwestern university. The school engaged in the following transactions during January of the current year. At December 31 last year, the company's inventory amounted to $150000. (50 points) Jan. 8 Purchased 20 Nonpxe laptop computers on account from Led Inc. The laptop comptuers cost $800 each. Payment is due in 30 days Jan. 10 Sold 4 Nopxe laptop computers on account to the Department of Microbiology at State College at a retail sales price of $1200. Unit cost of each laptop was $1000. e. Prepare journal entries to record these transactions on January 8 and January 10 assuming that the company uses perpetual inventory system. Date Debit Credit Db Cr Date Debit Credit Db Cr Date Debit Credit Db Cr