Soal $1$ Sales With ReturnOn March $10,2019,$ Steele Company sold to Barr Hardware $200$ tool sets at a price of $$75$ each $($cost $$52$ per set$)$ with terms of $2/10,$ n$/60,$ f$.$o$.$b$.$ shipping point. On March $11,$ Steele allows Barr to return any unused tool sets within $60$ days of purchase. Steele 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 at a profit. On March $25,2019,$ Barr returned six tool sets and received a credit to its account Instruction:Prepare journal entries for Steele to record $(1)$ the sale on March $10,2019,(2)$ the return on March $25,2019,$ and $(3)$ any adjusting entries required on March $31,2019($when Steele prepares financial statements$).$ Steele believes the original estimate of returns is correct.