please answer all this question has 4 parts but is obly one question.

3 Dan Watson started a small merchandising business in Year 1. The business experienced the following events during its first year of operation. Assume that Watson uses the perpetual inventory system, 1. Acquired $27,500 cash from the issue of common stock 2. Purchased Inventory for $22,000 cash. 3. Sold inventory costing $17,700 for $29,000 cash. SOK Required a. Record the events in general journal format. b. Post the entries to T-accounts. c. Determine the amount of gross margin. d. What is the amount of net cash flow from operating activities for Year 1? > ant Complete this question by entering your answers in the tabs below. sk ences Required A Required B Required Required D Record the events in general Journal format. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet