fitch and Hegge $$Wholesalers$,$ Inc. sells hiking boots for $ $300$ per pair. On June $1,$ the company sold $95$ pairs on account to a customer with terms of $2/10,$n$/30.$ The customer paid for $24$ pairs of boots on June $9$ and paid for the remaining $71$ pairs on June $29.$ Provide the necessary journal entries for Fitch and Hegge to record these transactions using the$$ most$-$likely$-$amount method assuming that the customer will not take the discount.$$ Also, prepare the journal entries assuming that the customer will take the discount.$($Ignore the journal entry that would typically be necessary to record the cost of goods sold and the reduction of$$ inventory.$)$ Also provide a comparison of the impact on the income statement for each assumption.