On October 5, Monty Company buys merchandise on account from Martinez Company. The selling price of the goodsi $5,330, and the cost to Martinez Company is $2,500. On October 8 , Monty returns defective goods with a selling price of $740 and a fair value of $245. Record the transactions on the books of Martinez Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)