Oct. 1 New2U sold $21,000 of men's sportswear for cash. Cost of goods sold is $8,000 3 New2U sol d $64, 000 of women's sportswear on account, credit terms are 3/10, n/60. Cost of goods is $31,000. sales return on damaged goods from the customer on October 1. Cost of goods damaged is $1,250 10 New2U receives payment from the customer on the amount due, less discount