Does this look right?

Problem 6-197 [LO 6-4, LO 6-5, LO 6-1) Two different companies, Vogel and Hatcher, entered into the following inventory transactions during December. Both companies use a perpetual inventory system December 3 - Vogel Corporation sold inventory on account to Hatcher Corp. for $487000, terms 3/10, 1/30. This inventory . December 8 - Hatcher Corp, returned inventory to Vogel Corporation for a credit of $3,700. Vogel returned this inventory to December 12 - Hatcher Corp. paid Vogel Corporation for the amount owed. Required: a. Prepare the journal 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? View transaction list View journal entry worksheet FREE No Date General Journal Debit Credit 1 Dec 03 487,000 Accounts Receivable Sales Revenue 487,000 2 Dec 03 309,000 Cost of Goods Sold Inventory 309,000 Dec OB 3.700 Inventory - Estimated Returns Accounts Receivable 3,700 4 Dec 08 2,348 Inventory Cost of Goods Sold 2,348 5 Dec 12 468,801 Cash Accounts Receivable 468,801 Required B > Complete this question by entering your answers in the tabs below. Required A Required B Required What is the amount of net sales to be reported on Vogel Corporation's income statement? Net Sales 468,801 Complete this question by entering your answers in the tabs below. Required A Required B Required What is the Vogel Corporation's gross profit percentage? (Round your answer to the nearest whole percent (.e., 0.1234 should be entered as 12).) Gross profit percentage 35%