Jet C0. purchased merchandise on Feb 10 at a price of $25,000, subject to credit terms of 3/10,n/45. Jet uses the net method for recording purchases and uses a periodic inventory system. Prepare the following journal entries. \#1 Feb 10 purchase of merchandise on account. \#2 On Feb 15, Jet returned $8,000 worth of the merchandise purchased above. Prepare the journal entry to record the transaction. \#3 Record the appropriate payment of the invoice on Feb 29 (it's leap yearl). \#4 On March 8, Jet sold $15,000 of merchandise on account terms 1/10,n/30. Cost of the merchandise was $7,000. Prepare the journal entry using the net method for periodic inventory