Question 3) Assume that on May 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During May, these transactions occurred. May 6 Purchased calculators from Dragoo Co. at a total cost of $2,800, terms n/30. B Paid freight of $230 on calculators purchased from Dragoo Co. Returned calculators to Dragoo Co. for $66 credit because they did not meet specifications. 8 Sold calculators costing $444 for $666 to Fryer Book Store, terms /30. S Granted credit of $54 to Fryer Book Store for the return of one calculator that was not ordered. The s calculator cost $43. Sold calculators costing $570 for $760 to Heasley Card Shop, terms n/30.5 B 9 10 12 14 20 B 9 Question 3) Assume that on May 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During May, these transactions occurred. May 6 Purchased calculators from Dragoo Co. at a total cost of $2,800, terms n/30. B purchased from Dragoo 10 Returned calculators to Dragoo Co. for $66 credit because they did not meet specifications. B 12 Sold calculators costing $444 for $666 to Fryer Book Store, terms n/30. S Granted credit of $54 to Fryer Book Store for the retum of one calculator that was not ordered. The s calculator cost $43. Sold calculators costing $570 for $760 to Heasley Card Shop, terms n/30. S Instructions: Journalize the May transactions (in color). 14 20