The following merchandise transactions occurred during December for two different companies: Rippen and Burnen. Both companies use a perpetual inventory system. On December 3, Rippen Corporation sold merchandise on account to Burnen Corp. for $494,000, terms 2/10, n/30. This merchandise originally cost Rippen $301,000 On December 8, Burnen Corp. returned merchandise to Rippen Corporation for a credit of S3,600. Rippen returned this merchandise to inventory at its original cost of $2,194 December 12, Burnen Corp. paid Rippen Corporation for the amount owed