Selected transactions for Mason Corporation follow: \begin{tabular}{|l|l|l|l|l} Aug. & 2 & Sold$15,000ofmerchandisetoVanderbiltInc.,termsn/30.Masonusesaperpetualinventorysystemandthecostofthegoodssoldwas$9,000.Masonsmanagementexpectsareturnrateof6%. \\ \hline 13 & Merchandisewithasellingpriceof$750wasreturnedbyVanderbiltbecauseitwasthewrongsize.AcreditwasprovidedtoPotter.Thecostofthemerchandisereturnedwas$450.Thereturnedgoodswereinsaleableconditionandreturnedtoinventorv.Receivedapartialpaymentof$10,500fromVanderbilt. \\ \hline 26 & \begin{tabular}{l} Made sales of $7,500 on account to Reisen Ltd., terms n/30. The cost of the \\ goods sold was $4,500. Mason's management expects a return rate of 6%. \\ \hline \end{tabular} \\ \hline \end{tabular} Instructions Record the above transactions on Mason's books, including any cost of goods sold entries