Take me to the text MediocreJob Company buys and sells home appliances and uses the perpetual inventory system. The company has a year-end of December 31. Assume 13% HST on all purchase and sale transactions. During 2023, the company had the following transactions. Jan Purchased vacuum cleaners worth $71,000 from W Wholesalers, by signing a one-year, 6% note payable; interest is to be accrued on December 31 and paid at maturity plus principal. 15 Feb 4 Sold vacuum cleaners for $44,000 cash, which includes a 3-year warranty. MediocreJob bought these vacuum cleaners for $26,400. Feb 4 Recorded $22,000 of estimated warranty liability for the year. Paid the full amount owing to W Wholesalers including accrued interest. Received utilities bill for $2,900, to be paid in exactly 15 days (disregard HST for this transaction). Feb 15 May 18 May 23 Paid the utilities bill received on May 8. Jul 11 Received $40,680 cash (including $4,680 HST) for the sale of vacuum cleaners which cost the company $21,600. The delivery is to be made on August 31. Delivered the vacuum cleaners from the July 11 transaction. Aug 31 Prepare journal entries to record the above transactions.