The following information applies to the questions displayed below Sundance Systems has the following transactions during July July 5 Purchases 54 LCD televisions on account from Red River Supplies for $3,200 each, terms 2/10, n/30. July 8 Returns to Red River six televisions that had defective sound July 13 Pays the full amount due to Red River. July 28 Sells remaining 48 televisions from July 5 for $3,700 each on account