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On May 2, Sandhill sold $1,400 of merchandise to Teal Mountain Depot with terms 2/10,n/30. On May 8. Teal Mountain Depot returned defective goods that

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On May 2, Sandhill sold $1,400 of merchandise to Teal Mountain Depot with terms 2/10,n/30. On May 8. Teal Mountain Depot returned defective goods that had a selling price of $250. On May 11, Sandhill receives payment from Teal Mountain Depot. a. What is the amount of the cash Sandhill received on May 11 ? Cash Received \$ b. Record the May 11 transaction for Sandhill. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)

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