The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers. Also note that the company uses a clearing house to take care of all bank as well as non-bank credit cards used by its customers. Mar. 2 Sold merchandise on account to Equinox Co., $18, 900, terms FOB destination, 1/10, n/30. The cost of the goods sold was $13, 300. 3 Sold merchandise for $11, 350 plus 6% sales tax to retail cash customers. The cast of the grafted was $7,000. 4 Sold merchandise on account to Empire Co., $55, 400, terms FOB shipping point, n/eom. The cost of the goods sold was $33, 200. 5 Sold merchandise for $30,000 plus 6% sales tax to retail customers who used MasterCard. The cost of the goods sold was $19, 400. 12 Received check for amount due from Equinox Co. for sale on March 2. 14 Sold merchandise to customers who used American Express cards, $13, 700. The cost of the goods sold was $8, 350. 16 Sold merchandise on account to Targhee Co., $27, 500, terms FOB shipping point, 1/10, n/30. The cost of the goods sold was $16,000. 18 Issued credit memo for $4, 800 to Targhee Co. for merchandise returned from sale on March 16. The cost of the merchandise returned was $2, 900