Outdoor Wear Co. had the following transactions during the month of May under a perpetual inventory system. May 3 - Outdoor Wear Co. buys $5,000 of inventory on account. Credit terms are 2/15,0/30. Shipping terms are FOB-shipping point. May 5 - Shipping costs for purchasing the inventory are $100 and paid to the shipper in cash May 16 - Outdoor Wear Co. pays for the inventory which was bought on May 3 in order to take advantage of the discount. May 19 - Outiliser Wear Co. sells $2.000 of merchandise which had a cost of $800 an account. The terms of the sale are 3/10.6/30 and merchandise was shipped FOB Destination May 19 - Outdoor Wear Co. sells $2,000 of merchandise which had a cost of $800 on account. The terms of the sale are 3/10,n/30 and merchandise was shipped FOB Destination May 22 - Customer returns $300 of merchandise to Outdoor Wear Co. The cost of the merchandise was $120. May 27 - Customer pays their account to Outdoor Wear Co. in full and is granted the discount Prepare the journal entries to record the inventory transactions