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After the amount due on a sale of $81,175, terms 2/15, /eom, is received from a customer within the discount period, the seller consent to

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After the amount due on a sale of $81,175, terms 2/15, /eom, is received from a customer within the discount period, the seller consent to the return of the entire shipment. The cost of the merchandise returned was $48,705 If required, round your answers to nearest whole value a. What is the amount of the refund owed to the customer? b. lllustrate the effects on the accounts and financial statements of the return and the refund. If no account or activity is affected, select "No effect" from the dropdown and leave the corresponding number entry box blank, Enter account decreases, net cash outlow, and all negative effects on net income as negative amounts, Balance Sheet Statement of Cash Assets Labuities Stockholders' Equity Income Statement Flows Statement of Cash Flows Income Statement

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