Monty Corp. uses a periodic inventory system. The company had the following inventory transactions in April:

April	3		Purchased merchandise from Grouper Ltd. for $29,100, terms n/30, FOB shipping point.
	6		The appropriate company paid freight costs of $640 on the merchandise purchased on April 3.
	7		Purchased supplies on account for $5,140.
	8		Returned damaged merchandise to Grouper received a credit of $3,700. The merchandise was returned to inventory for future resale.
	30		Paid the amount due to Grouper in full.

1.		The cost of the merchandise sold on April 3 was $20,880. Grouper expected a return rate of 15%.
2.		The cost of the merchandise returned on April 8 was $2,200.
3.		Grouper uses a perpetual inventory system.