Attempt in Progress On October 5, Sunland Company buys merchandise on account from Marigold Company. The selling price of the goods is $4,510, and the cost to Marigold Company is $2,910. On October 8, Sunland returns defective goods with a selling price of $650 and a fair value of $105.

On October 5, Sunland Company buys merchandise on account from Marigold Company. The selling price of the goods is \$4,510, and the cost to Marigold Company is $2,910. On October 8 , Sunland returns defective goods with a selling price of $650 and a fair value of $105