Jun $1$ Pippen Company sold merchandise to Thomas Co$.$ for $$32,000,$ terms $2/10,$ n$/30,$ FOB destination. This merchandise cost Pippen Company $$18,000.$ Jun $3$ Refer to question $1,$ Thomas company returned inventory for $$7000$ because of the wrong items were delivered. The inventory cost for the Pippen comapnay was $$3100.$ Record the return and update the inventory and cost of goods sold.Jun $9$ Refer to quesion $1$ and $2,$ Pippen compnay received cash from Thomas company. July $1-$ Fleck Company purchased merchandise from DeFleur Company for $$12,000,$ terms $2/10$ n$/30,$Jul $8-$ Fleck Company paid for the purchase from DeFleur Company including discount