Question 3 Crane Industries purchased $7,800 of merchandise on February 1, 2017, subject to a trade discount of 10% and with credit terms of 3/15,n/60. It returned $2,100 (gross price before trade or cash discount) on February 4. The invoice was paid on February 13. Assuming that Crane uses the perpetual method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry for the account titles and enter 0 for the amounts. Round answers to O decimal places, e.g. 6,578. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tiles and Esplasatien e Textbook and Media List of Accounts Assuming that Crane uses the periodic method for recording merchandise transactions, record the purchase, return, and payment using the gross method. (If no entry is required, select "No entry for the account titles and enter O for the amounts. Round answers to 0 decimal places, e.g. 6,578. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tales and Esplesatice eTextbook and Media List of Accounts