Feb. 9 Feb. 12 Feb. 13. Feb. 19 METRO SHOES AND URBAN SOLE Number of boots sold by Metro Shoes Cost of each boot sold by Metro Shoes Purchase price of each boot to Urban Sole Delivery cost of merchandise Number of boots returned by Urban Sole Sole Mates paid remaining balance due within the discount period. Required: (a) Prepare the journal entries for Metro Shoes? (b) Prepare the journal entries for Urban Sole? 3 100 $60 $100 $80 10 (c) Should Urban Sole take advantage of 1/10, n/30 cash discounts even if it must borrow money at an annual rate of 11%? Explain fully and illustrate with any supporting computations.