Purchase-Related Transactions Shepherd Company purchased merchandise on account from a supplier for $9,000, terms FOB shipping point, n/30. The seller paid freight of $75 as an accommodation to Shepherd Company. Shepherd Company returned $1,500 of the merchandise before payment was made and received full credit. a. What is the amount of cash required for the payment by Shepherd Company? $ x b. Which accounts are decreased by Shepherd Company to record the return