At the beginning of June 2024, Blue Spruce Distrituting Company's ledger showed Cash $19,000, Merchundise inventory $1,100, and D. Blue 5 pruce, Capital $23,100. During the month of June the company had the following selected transactions: June 1 Purchased $9,000 of merchandise inventory freen Sun Supply Co, terms 1/15,n30. F OB destination. 2 The correct company paid $210 cash for freight charges on the lune 1 purchuse. 5 Sold merchandise inwentory to Moose Jaw Retailers for $13,000. The cott at the merchandise was $7,500 and the terms were 2110, n/30, FOB destination. 6 Issued a $950 credit for merchandise returned by Moose Jaw Retailers. The merchandise originally cont $548 and was returned to inventory. 6. The correct comparry paid $280 freight on the June 5 sale. 7. Purchased 5810 of supplies for cash. 10. Purchased $3.750 of merchandise inventery fromi Fey Wholesalers, terms 2/10,n/30, Fol shoping point. 10 The correct company paid $120 freight costs on the purchase from fer Wholosalerk. 12. Received a 3250 credit from Fey Wholesalers for returned merchandise. 14 Paidsunsupply Co, the amount due. 15 Collected the balance owing from Moose Jaw Retallers. 19 Sold merchandise for $7,100cash. The cost of this merchandise was $4,400. 19 Sold merchandise for $7,100 cash. The cost of this merchandise was $4,400. 20 Paid Fey Wholesalers the balance owing from the June 10 purchase. 25 Made a $540 cash refund to a cash customer for merchandise returned. The returned merchandise had a cost of $335. The merchandise was damaged and could not be resold. 30. Sold merchandise to Baver \& Company for $4,200, terms n/30, FOB shipping point. Blue Spruce's cost for this merchandise was $2,600. BLUE SPRUCE DISTRIBUTING COMPANY Income Statement (Partial) $ : $ $