2. Preston Office Furniture, Inc. uses the perpetual inventory system and had the following transactions during the month of May: Sold merchandise to a customer on credit for $600, terms 2/10, n/30. The cost of the merchandise sold was $350 Sold merchandise to a customer for cash of $425. The cost of the merchandise was $250. Sold merchandise to a customer on credit for $1,300, terms 2/10, n/30. The cost of the merchandise sold was May 3 May 4 May 6 S750 The customer from May 3 returned merchandise with a selling price of $100. The cost of the merchandise returned May 8 was $55. The customer from May 6 paid the full amount due, less any appropriate discounts earned. The customer from May 3 paid the full amount due, less any appropriate discounts earned. May 15 May 31