Please complete part b

Exercise 18-16 (Part Level Submission) On March 10, 2017, Splish Company sold to Barr Hardnare 210 tool sets at a price of $48 each (cost $32 per set) with terms of n/60, f.o.b. shipping point. Splish alows Barr to return any unused tool sets within 60 days of purchase. Splish estimates that (1) 10 sets will be returned, (2) the cost of recovering the products will be immaterial, and (3) the returned tools sets can be resold ata profit. On March 25, 2017, Barr returned 6 tool sets and received a credit to its account. 2 Your answer is partially correct. Try again Prepare journal entries for Splish to record (1) the sale on March 10, 2017, (2) the return on March 25, 2017 and (3) any adjusting entries required on March 31, 2017 (when Splish prepares financial statements). Splish when the amount is entered. Do not indent manually. If no entry is requined, select "No entry" for the account tities and enter O for the amounts.) Indicate the income statement and balance sheet reporting by Splish for the quarter ended at March 31, 2017, of the information related to the Barr sales transaction