Question: Can someone please explain how to get the calculations for part C? Prepare the journal entries to record the following transactions on Horst Company's books

Can someone please explain how to get the calculations for part C?

Prepare the journal entries to record the following transactions on Horst Company's books using a perpetual inventory system. (Credit account titles are autom amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) On March 2, Horst Company sold $800,000 of merchandise to Bernadina Company, terms 2/10, n/30. The cost of the merchandise sold was $540,000. On March 6, Bernadina Company returned $140,000 of the merchandise purchased on March 2. The cost of the merchandise returned was $94,000. On March 12, Horst Company received the balance due from Bernadina Company

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