Blue Hagen, a former disc golf star, operates Blue's Discorama. At the beginning of the current season on April 1, the ledger of Blue's Discorama showed Cash $1,800, Inventory $2,300, and Owner's Capital $4,100. The following transactions were completed during April. Apr. 5 7 Purchased golf discs, bags, and other inventory on account from Mumford Co. $1,050, FOB shipping point, terms 2/10, n/60. Paid freight on the Mumford Co. purchase $50. 9 Received credit from Mumford Co. for merchandise returned $200. 22 12 14 14 17 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $650, terms 1/10, n/30. Paid Mumford Co. in full, less discount. Received credit from Saucer Sportswear for merchandise returned $50. 23 21 Paid Saucer Sportswear in full, less discount.