Pina Sports Equipment sells a variety of sports items. The following data relates to Pinas inventory of golf club sets. On March 1, 2024, Pina had 25 sets of clubs in inventory at a cost of $409 each. Management expects approximately 10% of sales to be returned. During March, the following transactions occurred: Mar. 2 Sold 7 sets of clubs on account to Flex Golf Club for $568 each, terms, n/30. 4 Flex Golf Club returned 2 sets of clubs. Fairway returned the clubs to inventory. 11 Flex Golf Club paid the account in full. 15 Purchased 8 sets of clubs from Taylor Sports Canada at $409, terms n/30. 17 Freight of $612 on the purchase from Taylor was FOB