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Presented here are selected transactions for Alpine Tours Inc. during September of the current year. Alpine Tours uses a perpetual inventory system. Alpine Tours estimates a return rate of 5% based on past experience. Sept. 2 Purchased equipment on account for $62,300, terms n/30, FOB destination. Freight charges of $960 were paid by the appropriate party on the September 2 purchase of equipment. Purchased supplies for $4,400 cash. 6 Purchased inventory on account from Winterholt Company at a cost of $68,300, terms 1/15, n/30, FOB shipping point. Freight charges of $1,800 were paid by the appropriate party on the September 6 inventory purchase. Returned damaged goods costing $4,900 that were originally purchased from Winterholt Company on September 6. Received a credit on account. 3 4 7 8 9 10 17 20 21 22 23 28 Sold goods costing $14,300 to Fischer Limited for $21,400 on account, terms n/30, FOB destination. Freight charges of $410 were paid by the appropriate party on the September 9 sale of inventory. Received the balance due from Fischer. Paid Winterholt Company the balance due. Purchased inventory for $6,000 cash. Sold inventory costing $21,600 to Kun-Tai Inc. for $24,300 on account, terms n/30, FOB shipping point. Freight charges of $400 were paid by the appropriate party on the September 22 sale of inventory. Kun-Tai returned goods sold for $1,100 that cost $760. The merchandise was restored to inventory. Required Prepare journal entries Determine Alpine Tours's sales and cost of goods sold for September