Swifty Company sells merchandise on account for $1100 to Diamond Company with credit terms of 2/10,n/30. Diamond Company returns $500 of damaged merchandise along with a check to settle the account within the discount period. To record the sale, the following tabular analysis by Swifty Company will show Assets Liabilities Stockholders' Equity Retained Earnings Accounts Payable + Common Stock Rev. Exp. Div. Cash + Inventory = + O an increase to Sales Revenue and Accounts Receivable for $600. O an increase to Accounts Receivable and Sales Revenue for $1100. a decrease to Inventory and an increase to Sales Revenue for $1078. an increase to Sales Revenue for $1100, an increase to Accounts Receivable $588, and a decrease Cost of Goods Sold for $22