C Judy H= Current Attempt in Progress Sandhill Wholesalers uses a perpetual inventory system. Mar 1 2 3 21 24 22 Stellar Stores purchases $8,900 of merchandise for resale from Sandhill Wholesalers, terms 2/10/30. FOB shipping point The correct company pays $150 for the shipping charges Stellar returns $1,000 of the merchandise purchased on March 1 because it was the wrong colour, Sandhill gives Stellar a $1,000 credit on its account. Stellar Stores purchases an additional $12.500 of merchandise for resale from Sandhill Wholesalers, terms 2/10, n30 FOB destination The correct company pays $195 for freight charges Stellar returns $450 of the merchandise purchased on March 21 because it was damaged. Sandhill gives Stellar a $450 credit on its account. 23 30 Stellar paid Sandhill the amount owing for the merchandise purchased on March 1 31 Stellar paid Sandhill the amount owing for the merchandise purchased on March 21. Q Search 15