IV. Short Problem #2 a. Tesoro Corp. uses a perpetual inventory system. The following activities occurred during May May 2 - Tesoro purchased $30,000 worth of inventory, on credit terms 3/10 n/30. May 2-Because the terms of the purchase were FOB shipping point, Tesoro pays $1,000 to the trucker May 5- Tesoro purchased $25,000 worth of inventory, on credit terms n/30. May 6-Tesoro returned $10,000 worth of inventory from May 2 purchase for a credit. May 10- Tesoro paid for the May 2 purchase. May 12 - Tesoro paid the amount due on May 5 purchase. Required: a. Prepare the journal entries to record these transactions on the books of Tesoro Corp. May 2