On October $1,$ Benji's Bicycle Store had an inventory of $20$ ten$-$speed bicycles at a cost of $$200$ each. During the month of October, the following transactions occurredOct. $4$ Purchased $40$ bicycles at a cost of $$200$ each from Monroe Bicycle Company, terms $1/10,$ n$/30.$Sold $25$ bicycles to Team Wisconsin for $$330$ each, terms $2/10,$ n$/30\mathrm{.}7$Received credit from Monroe Bicycle Company for the return of $2$ bicycles$\mathrm{.}13$Issued a credit memo to Team Wisconsin for the return of a bicycle that was the wrong color$\mathrm{.}14$ Paid Monroe Bicycle Company in full, less discount.