Exercise 5-21 Presented below is information related to Lor Co. 1 On April 5, purchased merchandise from Garcia Company for $26,000, terms 2/10, net/30, FOB shipping point. 2. On April 6, paid freight costs of $930 on merchandise purchased from Garcia 3. On April 7, purchased equipment on account from Holifield Mfg. Co. for $34,500. 4. On April 8, returned merchandise, which cost $2,200, to Garcia Company. 5. On April 15, paid the amount due to Garcia Company in full. Prepare the journal entries to record these transactions on the books of Lor Co. using a periodic inventory system. (Crdit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)