Consider the following transactions that occurred in October, 2020 for American Frames Oct 1 Oct 3 Oct 5 Oct 11 Oct 13 Purchased $3,500 of inventory that from B&%, terms 1/10, n/20 Sold $1,000 of goods to A Frames, terms 2/10, n/30 (Cost $670) A Frames returned $200 of goods (Cost $130) Paid B&B Received payment from A Frames