The following amounts summarize Zcom Inc.'s merchandising activities during 2014. (a) Merchandise Inventory balance, December 31, 2013 40,500 (b) Cost of merchandise sold to customers in sales transactions 197,500 (c) Invoice cost of merchandise purchases 235,000 (d) Shrinkage determined on December 31, 2014 13,000 (e) Cost of Transportation-in 16,000 (f) Cost of merchandise returned by customers and restored to inventory 5,800 (9) Purchase discounts received 2,100 (h) Purchase returns and allowances received 11,600 Record these activities directly in the T-accounts below and compute the account balances. Use the letter beside each activity to identify the entries, by placing the letter in the left-hand cell and the amount in the right-hand cell on the appropriate side of the T-account. When determining the balance of each account, Write Balance' (or 'Bal') next to it, in the left-hand cell on the appropriate side. Be sure to include only the final adjusted balance. Merchandise Inventory Cost Of Goods Sold