E5-2 Information related to Steffens Co. is presented below.

1. On April 5, purchased merchandise from Bryant Company for $25,000 terms 2/10, net/30, FOB shipping point.

2. On April 6 paid freight costs of $900 on merchandise purchased from Bryant.

3. On April 7, purchased equipment on account for $26,000.

4. On April 8, returned damaged merchandise to Bryant Company and was granted a $4,000 credit for returned merchandise.

5. On April 15 paid the amount due to Bryant Company in full.