Required information [The following information applies to the questions displayed below) At the beginning of October, Bowser Co.'s inventory consists of 70 units with a cost per unit of $30. The following transactions occur during the month of October October 4 Purchase 110 units of inventory on account from Waluigi Co. for $50 per unit, terms 2/10, n/30. October 5 Pay cash for freight charges related to the October 4 purchase, $638. October 9 Return 20 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full. October 15 Sell 140 units of inventory to customers on account, $11,200. (Hint: The cost of units sold from the October 4 purchase includes $50 unit cost plus $? per unit for freight less $1 per unit for the purchase discount, or $56 per unit.] October 19 Receive full payment from customers related to the sale on October 15. October 20 Purchase 80 units of inventory from Waluigi Co. for $50 per unit, terns 3/10, n/30. October 22 Sell 80 units of inventory to customers for cash, 56,400. (Note: For calculating the cost of Inventory sold, ignore the possible purchase discount on October 20.) 2. Suppose by the end of October that the remaining inventory is estimated to have a net realizable value per unit of $26. Record any necessary adjustment for lower of cost and net realizable value. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Required information Journal entry worksheet