Problem III: (24 pts) Lee Inc. uses the gross method for recording purchase and sales discounts. They had the following transactions occur in May of 2023. Date Description May 4 Purchased inventory costing $14,000, terms 2/10,n/30. May 11 Paid for the inventory purchased on May 4. May 25 Returned one-fifth (1/5) of the inventory purchased on May 4 back to the supplier. The supplier will apply the return against future payables for Lee. Part A: Record the February transactions in the general journal below assuming Lee Inc. uses the periodic inventory system with the gross method for recording discounts. (12 pts) Part B: Record the May transactions in the general journal below assuming Lee Inc. uses the perpetual inventory system with the gross method for recording discounts. (12 pts)