S\&V Office Supply Company, Inc. Sales Transactions 2014 6-Jun Sold merchandise on account, terms 2/10,n/30, FOB shipping point, $9,000. The cost of the merchandise sold was $6,000. 10-Jun Sold merchandise for cash, $22,400. The cost of the merchandise sold was $14,900 14-Jun Received merchandise retumed on sale of June 6,$1,500. The cost of the merchandise returned was $1,000 16-Jun Recelved cash from sale of June 6, less return of June 14 and discount. 26-Jun Refunded cash on sales made for cash, $960. The cost of the merchandise returned was $620