1. On April 5, purchased merchandise on account from Teal Mountain Company for $34,800, terms 2/10, net/30, FOB shipping point. 2. On April 6, paid freight costs of $790 on merchandise purchased from Teal Mountain. 3. On April 7, purchased equipment on account for $28,200. 4. On April 8, returned $5,300 of merchandise to Teal Mountain Company. 5. On April 15, paid the amount due to Teal Mountain Company in full. (a) (b) Assume that Pronghorn Co. paid the balance due to Teal Mountain Company on May 4 instead of April 15. Prepare the journal entry to record this payment. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is Entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation May 4 Debit Credit