Question 1 The following transactions are for Caria Vsta Company 1. On December 3, Carla Vista Company soid $512,300 of merchandise to Sandhill Co., terms 2/10, n/30. The cost of the merchandise sold was $313,500. 2. On December 8, Sandhill Co. was granted an allowance of $22,900 for merchandise purchased on December 3 3. On December 13, Carla Vista Company received the balance due from Sanchill Co