Part I Journalize the following transactions on the books of Prosperity Wholesale Grocery. Explanations are not required. May 3 Invested $30,000 cash in the business. 7 Purchased inventory on credit terms of 3/10 net/30, $4,000. 8 Returned half the inventory purchased on May 7. It was not the inventory ordered. 13 Sold inventory on credit terms of 2/15 n/45, $3,600 (cost, $1,800). 16 Paid the amount owed on account from the purchase of May 7, less the discount and the return. 17 Received detective inventory as a sales return from May 13 sale, $1,000. Prosperity's cost of the inventory received was $500. 18 Purchased inventory of $5,500 on account. Payment terms were 2/10 net 30. 20 Paid salary, $8,000