In the final analysis, how much did the inventory cost Derry?

Consider the following transactions for Derry 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 Derry Drug Store? Aug. 5 110 Merchandise Inventory Cash 110 Credit Aug. 8: Derry returns $5,200 of the merchandise due to damage during shipment. Date Accounts Debit Aug. 8 Accounts Payable 5,200 Merchandise Inventory 5,200 Debit Credit Aug. 14: Derry paid the amount due, less return and discount. Date Accounts Aug. 14 Accounts Payable Cash Merchandise Inventory 18,300 17,751 549 Requirement 2. In the final analysis, how much did the inventory cost Derry? The inventory cost for Derry is