On October 1, the Ivanhoe Bicycle Store had an inventory of 24 ten speed bicycles at a cost of $157 each. During the month of October, the following transactions occurred. Assume Ivanhoe uses a perpetual inventory system. Oct 4 Purchased 189 bicycles at a cost of $150 each from the Nixon Bicycle Company, terms 2/10, 1/30 5 Paid freight of $900 on the October 4 purchase. Sold 14 bicycles from the October 1 inventory to Team America for $250 each, terms 62/10, n/30 Received credit from the Nixon Bicycle Company for the return of 17 defective bicycles 13 Issued a credit memo to Team America for the return of a defective bicycle. 14 Paid Nixon Bicycle Company in full, less discount. Prepare the journal entries to record the transactions assuming the company uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 2,520. Record journal entries in the order presented in the problem.) (Ctrl) FO