Current Attempt in Progress On October 5, Ayayai Corporation buys merchandise for resale on account from Whispering Winds Corporation. The selling price of the goods is $5,320, and the cost to Whispering Winds Company is $3,140. On October 8, Ayayai returns defective goods with a selling price of $700 and a cost of $280. It is anticipated that these goods can be resold at a discount at some point in the future for at least their cost of $280, if not more. Both companies use a periodic inventory system. Record the transactions on the books of Ayayai Corporation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.)