Crane Wholesalers uses a perpetual inventory system.

Mar. Stellar Stores purchases $$9,200$ of merchandise for resale from Crane Wholesalers, terms $\frac{2}{10},\frac{n}{30},$ FOB shipping

$1$ point.

$2$ The correct company pays $$170$ for the shipping charges.

$3$ Stellar returns $$1,000$ of the merchandise purchased on March $1$ because it was the wrong colour. Crane gives Stellar a $$1,000$ credit on its account.

$21$ Stellar Stores purchases an additional $$12,500$ of merchandise for resale from Crane Wholesalers, terms $\frac{2}{10},\frac{n}{30},$ FOB destination.

$22$ The correct company pays $$170$ for freight charges.

$23$ Stellar returns $$450$ of the merchandise purchased on March $21$ because it was damaged. Crane gives Stellar a $$450$ credit on its account.

$30$ Stellar paid Crane the amount owing for the merchandise purchased on March $1.$

$31$ Stellar paid Crane the amount owing for the merchandise purchased on March $21.$

Additional information:

Mar$1$: crane's cost of the merchandise sold to stellar was $$3,900$

march$3$: Crane's cost of the merchandise returned bu stellar was $$424.$ As the merchndise was not damaged, it was returned to Crane's inventory

March $21$: Crane's cost of the additional merchandise sold to stellar stores was $$5,299$

March $23$: Crane's cost of the merchandise returned by stellar was $$191.$ As the merchandise was damaged, it was put in the recycling bin