Consider the following transactions for Seacost Drug Store: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Seacost Drug Store? Jul. 2 Seacost purchased $21,200 worth of inventory on account with credit terms of 1/15, n/30, FOB shipping point from Stone Medical Supplies. JuI. 4 Seacost paid a $120 freight charge. Jul. 7 Seacost retumed $5,200 of the merchandise l6e to damage during shipment. Jul. 14 Seacost paid the amount due, less return and discount. Jul. 7: Seacost retumed $5,200 of the merchandise due to damage during shipment