entries in monty ltd books plz solve it

Grouper Corp. uses a periodic inventory system. The company had the following inventory transactions in Agril April 3 Purchased merchandise from Monty Ltd. for $29000, terms n/30, FOB shipping point. 6. The appropriate company paid freight costs of $720 on the merchandise purchased on April 3. 7 Purchased supplies on account for $5,250 8. Returnod damaged merchandise to Monty received a credit of $3,500. The merchandise was returned to inventary for future resale. 30 Paid the amount due to Monty in full. 1. The cost of the merchandise sold on April 3 was $18,320, Monty expected a return rate of 15%. 2. The cost of the merchandise returned on April 8 was $2,300. 3. Monty uses a periodic inventory system. Montyltd Date Account Titles and Explanation Debit Estimated Inventory Returns: Inventory \begin{tabular}{|l|l|} \hline Aur. 8 & v \\ \hline Inventory \\ \hline Estimated Inventory Returns \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 2300 \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Aor 30 \\ \hline Cash & I \\ \hline \end{tabular} 16020 Accounts Receivable 16020