Swifty Corporation uses a periodic inventory system and the gross method of accounting for purchase discounts. (a) On July 1, (1) Swifty purchased $79,000 of inventory, terms 1/10, n/30, FOB shipping point. (2) Swifty paid freight costs of $1,104. (b) On July 3, Swifty returned damaged goods and received credit of $7,900. (c) On July 10, Swifty paid for the goods. Prepare all necessary journal entries for Swifty. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)