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On February $3,$ Smart Company sold merchandise in the amount of $$3,900$ to Kennedy Company, with credit terms of $\frac{3}{10},\frac{n}{30}.$ The cost of the items sold is $$2,725.$ Smart uses the perpetual inventory system and the gross method. Kennedy pays the invoice on February $8$ and takes the appropriate discount. The journal entry that Smart makes on February $8$ is: