Presented below are selected transactions for Grouper Company during September and October of the current year. Grouper uses a perpetual inventory system and the earnings approach. Sept. 1 Purchased merchandise on account from Hillary Company at a cost of $45,000,FOB destination, terms 1/15,n/30. 2. The correct company paid \$2,000 of freight charges to Trucking Company on the September 1 merchandise: purchase 5 Returned for credit $2,200 of damaged goods purchased from Hillary Company on September 1 15 Sold the remaining merchandise purchased from Hillary Company to Irvine Company for $107,000, terms 2/10, n/30, FOB destination. 16 The correct company paid $2,600 of freight charges on the September 15 sale of merchandise. 17 Issued Irvine Company a credit of $5,500 for returned goods. These goods had cost Grouper Company $2,200 and were returned to inventory. 25. Received the balance owing from Irvine Company for the September 15 sale. 30 Paid Hillary Company the balance owing for the September 1 purchase. Oct. 1 Purchased merchandise on account from Kimmel Company at a cost of $60,000, terms 2/10,n/30,FOB shipping point. 2. The correct company paid freight costs of $1,100 on the October 1 purchase 3 Obtained a purchase allowance of $2,300 from Kimmel Compary to compensate for some minor damage to goods purchased on October 1. 10. Paid Kimmel Company the amount owing on the October 1 purchase. 11 Sold all of the merchandise purchased from Kimmel Company to Kieso Company for $144,500, terms 2/10,n/30, FOB shipping point. 12. The correct company paid $800 freight costs on the October 11 sale. 17 Issued Kieso Company a sales allowance of $1,500 because some of the goods did not meet Kieso's exact specifications. 31 Received a cheque from Kieso Company for the balance owing on the October 11 sale