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Use a tabular summary to record the following transactions for Carla Vista Co$.$ using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses.

$($a$)$ On March $2,$ Carla Vista Co$.$ sold $$944,000$ of merchandise to Wildhorse Co$.$ on account. The cost of the merchandise sold was $$637,200.$

$($b$)$ On March $6,$ Wildhorse Co$.$ returned $$165,200$ of the merchandise purchased on March $2.$ The cost of the merchandise returned was $$110,920.$

On March $12,$ Carla Vista C$0.$ received the balance due from Wildhorse Co$..$

$($Enter negative amounts using either a negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).)$