Two different companies, Vogel and Hatcher, entered into the following inventory transactions during December. Both companies use a perpetual inventory system December 3 - Vogel Corporation sold inventory on account to Hatcher Corp for $499,000, terms 2/10, 1/30. This inventory originally cost Vogel $306,000 December 8 - Hatcher Corp, returned inventory to Vogel Corporation for a credit of $4800 Vogel returned this inventory to Inventory at its original cost of $2.943 December 12 - Hatcher Corp paid Vogel Corporation for the amount owed Required: a. Prepare the journal entries to record these transactions on the books of Vogel Corporation b. What is the amount of net sales to be reported on Vogel Corporation's income statement? c. What is the Vogel Corporation's gross profit percentage? Complete this question by entering your answers in the tabs below. Required A Required B Required Prepare the journal entries to record these transactions on the books of Vogel Corporation (If no entry is required for mal Fntry Required in the list account field) Required: a. Prepare the journal entries to record these transactions on the books of Vogel Corporation b. What is the amount of net sales to be reported on Vogel Corporation's income statement? c. What is the Vogel Corporation's gross profit percentage? Complete this question by entering your answers in the tabs below. Required a Required B Required What is the amount of net sales to be reported on Vogel Corporation's income statement? Not Sales