Real People Sporting (RPS) Co-op introduced a loyalty program in 2020. Every customer who signed up would receive 3% of their total purchases as a cheque, each February for the previous year, that could be used in-store on any merchandise within the next nine months. Customers could look online during the year and check their balance at any time. Laura signed up for the program in 2020, when she purchased a kayak in July for $1,000. Later, in September, she purchased a mountain bike for $2,000. In March 2021, she purchased a paddle board for $1,900 and used her cheque toward the purchase. Required: a. Prepare the journal entries for RPS Co-op for each of the transactions in July 2020, September 2020, and March 2021. View transaction list Journal entry worksheet < 1 2 3 Record the sale of kayak and loyalty points. Note: Enter debits before credits. Date Jul, 2020 General Journal Debit Credit Drass MIT # Required: a. Prepare the journal entries for RPS Co-op for each of the transactions in July 2020, September 2020, and March 2021. View transaction list Journal entry worksheet < 1 2 3 Record sale of mountain bike and loyalty points.. Note: Enter debits before credits. Date Sep, 2020 General Journal Debit Credit Record entry Clear entry View general journal Required: a. Prepare the journal entries for RPS Co-op for each of the transactions in July 2020. September 2020, and March 2021. View transaction list Journal entry worksheet < 1 2 3 Record the sale of paddle board, use of rewards points' cheque towards its purchase, and the rewards points earned on sale. Note: Enter debits before credits. Date Mar, 2021 General Journal Debit Credit Record entry Clear entry View general Journal b. In 2020 RPS Co-op had a total of $422,000 in sales to customers who had signed up with the loyalty program. What is the amount of liability that would be created by these sales? (Round the final answer to the nearest whole dollar amount.) Amount of labty