The following merchandise transactions occurred in December. Both companies use a perpetual inventory system.

Dec. $3$ Ivanhoe Company sold merchandise to Oriole Co$.$ for $$36,000,$ terms $\frac{2}{10},\frac{n}{30},$ FOB destination. This merchandise cost Ivanhoe Company $$18,000.$

$4$ The correct company paid freight charges of $$750.$

$8$ Oriole Co$.$ returned unwanted merchandise to IV Ifrhoe. The returned merchandise had a sale price of $$2,300$ and a cost of $$990.$ It was restored to inventory.

$13$ Ivanhoe Company received the balance due from Oriole Co$.$