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Consider the following transactions for Manchester Drug Store: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Manchester Drug Store? Record debits first, then credits. Exclude explanations from joumal entries.) May 2: Manchester purchased $21,200 worth of inventory on account with credit terms of 2/15,n/30, FOB shipping point from Red Medical Supplies. May 5: Manchester paid a $120 freight charge. Consider the following transactions for Manchester Drug Store: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Manchester Drug Store? May 9: Manchester returned $6,400 of the merchandise due to damage during shipment. May 14: Manchester paid the amount due, less return and discount. Requirement 2. In the final analysis, how much did the inventory cost Manchester? The inventory cost for Manchester is Consider the following transactions for Manchester Drug Store: 1. (Click the icon to view the transactions.) Requirements 1. Joumalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Manchester Drug Store? Requirement 2. In the final analysis, how much did the inventory cost Manchester? The inventory cost for Manchester is