Corp uses perpetual inventory system. The following activities occurred in May: May 2- purchased 45,000 worth of inventory, on credit terms 3/10 n/30 May 2- Because the terms of the purchase were FOB shipping point, pays $1,200 to the trucker. May 5- returned 5,000 worth of thst inventory to the supplier May 10- paid for the inventory, taking advantage of all available discounts