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J. Li, a former professional tennis star, operates Li's Tennis Shop at the Yellow River Resort. Li's Tennis Shop using a perpetual inventory system At

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J. Li, a former professional tennis star, operates Li's Tennis Shop at the Yellow River Resort. Li's Tennis Shop using a perpetual inventory system At the beginning of the current season, the ledger of Li's Tennis Shop showed Cash $2,800, Accounts Receivable $3,100, Merchandise Inventory $2,200, Accounts Payable $3,900 and Share Capital-Ordinary \$4,200 The following transactions were completed during April. April 4 Purchased racquets and balls from a new supplier, Wellman Co., \$2000, FOB shipping point, terms 4/10, n/30. April 6 Paid freight on purchase from Wellman Co. $80. **do not input comma "., dollar sign "\$" for numerical figures, for five thousand dollars, just input 5000 , otherwise, no marks will be awarded! At the beginning of April 7: The balance of the Merchandise Inventory account \$ The balance of Cash account is $ The balance of the Accounts Payable account $ April 10 Received credit of $100 from Wellman Co. for a racquet that was retumed. Aprili 14 Paid Weliman Co. in full. At the beginning of April 15: The balance of the Merchandise Inventory account \$ The balance of Cash account is $ The balance of the Accounts Payable account \$ April 16 Half of the goods purchased from Wellman Co was sold for cash $2800. At the beginning of April 17: The balance of the Merchandise Inventory account \$ The balance of Cash account is $

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