On October 1 , the Cullumber Bicyde Store had an imventory of 27 electric bicycies at a cost of 5164 each. Durinz the month of October the following transactions occurred Assume Cullumber uses a perpetual inventory system Qct. 4 Purchased 182 bicycles at a cost of $150 each from the Ace Bicycle Compary terms 2/10,n/30 5. Paid freight of $1000 on the October 4 purchase. 6. Sold 17 bicydes from the October 1 inventory to Team Ameriea for $350 each terms 2/10,n/30 7 Recelved credit from the Ace Bicrcle Comgany for the return of 10 defective bloycles 13. Issued a credi memo to Team America for the retum of a bilyele 14 Paid Ace Bicycle Compary in full, less discount Prepare the fournal entries to record the trantactions ansuming the compary uses a perpefual inventory syatem (Credit aconunt bilies are outomaticolly inderter when the amount i enterd Do not indent numually. Record ourhal entries in the order preiented in the groblem. Wist alt debit enteiet before credit enbriet flound orunes to 0 dedindi places, es. 5.275