Can somebody review question 39P in Jeffrey Waybrights financial accounting? The answer is incorrect, the problem solving solutions provided here DO NOT include the discount terms. Example 2/15 (2% discount if paid within 15 days) in the Oct. 4th transaction. The resulting gross profit for the month of October should be $651.75. I am struggling with recording the discount terms in the corrrct form, and I need a reference for my work. The question is:

Journalize the following transactions

The following transactions for Liberty Tire Co. occurred during October.

Oct. 4th. Purchased $5900 of merchandise on account from Firerock tire. Terms, 2/15, n/45, FOB shipping point. Firerock tire prepaid $300 shipping costs and added the amount to the invoice.

Oct 7th. Purchased $350 of supplies on account from OfficeMaxx.

Oct. 9th. Sold $950 (cost, $500) of merchandise on account to L. Simpson. Terms, 3/15, n/45, FOB destination.

Oct 11th. Paid $75 freight charges to deliver goods to L. Simpson.

Oct 13th. Returned $1400 of the merchandise purchased on Oct. 4th and received a credit

Oct. 15th. Sold $650 (cost $350) of merchandise to cash customers

Oct. 16th. Paid for the supplies purchased on Oct. 7th

Oct. 18th. Paid Firerock tire the amount due from the Oct. 4th purchase, in full.

Oct. 20th. L. Simpson returned $175 (cost $100) of merchandise from the Oct. 9th sale.

Oct. 22nd Purchased $2100 of inventory. Paid cash

Oct. 23rd Received payment in full from L. Simpson for the Oct 9th sale.

Also, what was Liberty Tires gross profit for the month of October?