Problem 2 Cosmotologist Warehouse distributes commercial hair care products in one- gallon bottles to hair salons and extends credit terms of 3/10 n/30 to all of its customers. During the month of April 2017, the following merchandising transactions occurred. Apr. 1 Purchased $1,140 on bottles on account form Luminous Hair, terms 2/10, n/30. Apr. 6 Received $90 credit for bottles returned to Luminous Hair. Apr. 9. Paid Luminous Hair in full. Apr. 10. Sold $300 in bottles to Luxury Salon on account. The cost of the bottles sold were $225. $60 Apr. 20. Granted Luxury Salon credit for bottles returned costing $30. Apr. 25. Received payment in full from Luxury Salon