Required information [The following information applies to the questions displayed below] On July 15, 2024, the Niche Car Company purchased 1,300 tires from the Treadwell Company for $60 each. The terms of the sale were 4/10,n/30. Niche uses a perpetual inventory system and the gross method of accounting for purchase discounts. 3. If Nich instead uses a periodic inventory systern, explain any changes to the journal entries created in Parts 1 and 2