Question $7$ of $38$Pharoah Wholesalers uses a perpetual inventory system.Mar.Stellar Stores purchases $$9,300$ of merchandise for resale from Pharoah Wholesalers, terms $2/10,$ n$/30,$ FOB shipping$121$point$\mathrm{.}2$ The correct company pays $$135$ for the shipping charges.Stellar returns $$1,100$ of the merchandise purchased on March $1$ because it was the wrong colour. Pharoah gives Stellar a$3$$$1,100$ credit on its account.Stellar Stores purchases an additional $$12,000$ of merchandise for resale from Pharoah Wholesalers, terms $2/10,$ n$/30,$FOB destination$\mathrm{.}22233031$The correct company pays $$185$ for freight charges.Stellar returns $$550$ of the merchandise purchased on March $21$ because it was damaged. Pharoah gives Stellar a $$550$ credit on its account.Stellar paid Pharoah the amount owing for the merchandise purchased on March $1.$Stellar paid Pharoah the amount owing for the merchandise purchased on March $21.$