On June 10, Ivanhoe Company purchased $6,300 of merchandise from Pharoah Company, terms 3/10, n/30. Ivanhoe Company pays the freight costs of $390 on June 11. Goods totaling $300 are returned to Pharoah Company for credit on June 12. On June 19, Ivanhoe Company pays Pharoah Company in full, less the purchase discount. Both companies use a perpetual inventory system.