$[$The following information applies to the questions displayed below.$]$

Church Company completes these transactions and events during March of the current year $($terms for all its credit sales are $\frac{2}{10},\frac{n}{30}).$

March $1$ Purchased $$39,000$ of merchandise from Van Industries, terms $\frac{2}{15},\frac{n}{30}.$

March $2$ Sold merchandise on credit to Min Cho, Invoice Number $854,$ for $$15,600($cost is $$7,800).$

March $3($a$)$ Purchased $$1,170$ of office supplies on credit from Gabel Company, terms $\frac{n}{30}.$

March $3($b$)$ Sold merchandise on credit to Linda Witt, Invoice Number $855,$ for $$7,800($cost is $$3,900).$

March $6$ Borrowed $$72,000$ cash from Federal Bank by signing a long$-$term note payable.

March $9$ Purchased $$19,500$ of office equipment on credit from Spell supply, terms $\frac{n}{30}.$

March $10$ Sold merchandise on credit to Jovita Albany, Invoice Number $856,$ for $$3,900($cost is $$1,950).$

March $12$ Received payment from Min Cho for the March $2$ sale less the discount of $$312.$

March $13($a$)$ Sent Van Industries Check Number $416$ in payment of the March $1$ invoice less the discount of $$780.$

March $13($b$)$ Received payment from Linda Witt for the March $3$ sale less the discount of $$156.$

March $14$ Purchased $$26,000$ of merchandise from the CD Companyy terms $\frac{2}{10},\frac{n}{30}.$

March $15($a$)$ Issued Check Number $417$ for $$13,500$; payee is Payroll, in payment of sales salaries expense for the first

half of the month.

$($b$)$ Cash sales for the first half of the month are $$62,400($cost is $$49,920).$ These cash sales are recorded in the cash receipts journal on March $15.$

March $16$ Purchased $$1,690$ of store supplies on credit from Gabel Company, terms $\frac{n}{30}.$

March $17$ Returned $$2,600$ of unsatisfactory merchandise purchased on March $14$ to CD Company. Church reduces accounts