Hair World Inc. is a wholesaler of hair supplies. Hair World uses a perpetual inventory system. The following transections (summarized) have been selected for analysis: $59,200 700 o. Sold merchandise for cash (cost of merchandise $32,797) condition), for cash refund (original cost of merchandise $420) Sold merchandise (costing $5,700) to a customer, on account with terms 2/10, n/30. Collected half of the balance owed by the customer in (c) within the discount period. Gronted a partial allowance relating to credit sales that the customer in (c) had not yet perie c. d. e. 12000 5,880 192