Darlington Company experienced the following business events duting its first month of operations. The company uses the perpetual inventory system. 1) The company purchased $12,500 of merchandise on account under terms 2/10,n/30. 2) The company retumed $1,200 of merchandise to the supplier before payment was made. 3) The liability was paid within the discount period. 4) All of the merchandise purchased was sold for $18,800cash. What effect will the return of merchandise to the supplier in event (2) have on Darlington's financial statements? What effect will the return of merchandise to the supplier in event (2) have on Darlington's financial statements? Mulpple choice Assets and stockholders' equaty deciease by 51,776 . Assets and liabilities decreate by 51370 . Assets and labilities decrease by 51,200. None. it is an asset exchange transaction