On December 28, 2016, Videotech Corporation (VTC) purchased 11 units of a new satellite uplink system from Tristar Communications for $30,000 each. The terms of each sale were 1/10, n/30. VTC uses the net method to account for purchase discounts and a perpetual inventory system. VTC paid the net-of-discount amount on January 6, 2017.

Prepare the necessary journal entries assuming that VTC uses the net method to account for purchase discounts