Select Apparel purchased 90 new shirts and recorded a total cost of $2,766 determined as follows:

Invoice cost$2,280Shipping charges194Import taxes and duties155Interest (6.0%) on $2,280 borrowed to finance the purchase137$2,766

Prepare the journal entry to record this purchase in the correct amount, assuming a perpetual inventory system.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)