Replacement Homework Ch 5 Name Bill's Music sells CDs. They have the following transactions for May. 511 Purchase 1000 CDs on account (2110 n30 FOB Shipping) at $3 each and put into inventory 512 Freight on the 511 purchase was $250. Pay in cash 515 Sell 100 CDs for $1,200 - on account. CD3 sold cost $300. Terms are 1110 n30 517 Return 50 of the CDs purchased on 511 - detective ($3 each) 518 Pay for the CD5 (not the freight) purchased on 511 net of returnsldiscount 519 Receive Payment for sale on 515 5129 Pay salaries of $500 5130 Buy 100 more CD5 at $4 each cash 5131 Sell 200 CDs for $2,500 - all cash. CDs sold cost $600. What is the ending balance of the Inventory Account Use the space below to make all entries for the month. ACCOUNT DEBIT CREDIT