Bridgeport Supply Company sold merchandise to Ace Company on account for $$89,000$ with credit terms of $?/10,\frac{n}{30}.$ The cost of the merchandise sold was $$66,750.$ During the discount period, Ace Company returned $$4,800$ of merchandise and paid its account in full $($minus the discount$)$ by remitting $$81,674$ in cash. Both companies use a perpetual inventory system.

Prepare the journal entries that Bridgeport Supply Company made to record the:

$(1)$ sale of merchandise.

$(2)$ return of merchandise.

$(3)$ collection on account.

$($Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$