The following information is related to Pina Colada Corp. 1. On April 5, purchared merchandise on account from Pina Colada Company for $18,600, terms 2/10, net /30, FOB shipping point: 2. On April6, paid freight costs of $820 on merchandise purchased from Pina Colada. 3. On April 7, purchased equipment on account from Holifield Mfg. Co. for $27,800 4) On April 8, returned merchandise, which cost $2,000, to Pina Colada Company. 5. On April 15, paid the amount due to Pina Colada Compary in full Prepare the journal entries to record the preceding transactions on the books of Pina Colada Corp, using a periodicinventory system. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts) Assume that Pina Colada Corp paid the balance due to Pina Colada Company on May 4 instead of April 15. Prepare the journal entry to record this payment. (Credil account tieles are dufomatically indented when amsunt is entered Do not indent manumbir if no entry li required, select "No Entry" for the occount titier and enter Ofor the amounts.)