On Nov 11, Al Ain Co. accepts delivery of $140,000 of merchandise it purchases for resale from Dubai Corporation. With the merchandise is an invoice dated Nov 11, with terms of 2/10, n/60, FOB shipping point. The goods cost Dubai $85,000. When the goods are delivered, Al Ain pays $3,450 to Express Shipping for delivery charges on the merchandise. On Nov 12, Al Ain returns $18,400 of goods to Dubai, which receives them two days later and restores to inventory. The returned goods had cost Dubai $9,800. On Nov 20, Al Ain mails a check to Dubai Corporation for the amount owed. Dubai receives it the following day. (Both Al Ain and Dubai use a perpetual inventory system.) a) Prepare journal entries that Al-Ain Co. records for these transactions. b) Prepare journal entries that Dubai Corporation records for these transactions.