The following supplementary records summarize Tesla Company's merchandising activities for year 2018 (it uses a perpetual inventory system) $ 196,000 25,000 192,50 Cost of merchandise sold to customers in sales transactions Merchandise inventory, December 31, 2017 Invoice cost of merchandise purchases, grass amount Shrinkage determined on December 31, 2018 Cost of transportation in Cost of merchandise returned by customers and restored to inventory Purchases discounts received Purchases returns and allowances 800 2,900 2,100 1.700 4,000 Record the summarized activities in the T-accounts below Balance, Dec 31, 2017 Invoice cost of purchases Returns by customers Shrinkage Balance, Dec 31, 2018 Merchandise Inventory 25,000 Cost of sales transactions Purchases returns and 192,500 allowances 2.100 Purchases discounts received 2.900 Shrinkage 222,500 G000 Cont of Goods Sold 196,000 Return by customers 0 Cost of sales transactions Chu Shrinkage determined on December 31, 2018 Cost of transportation-in Cost of merchandise returned by customers and restored to inventory Purchases discounts received Purchases returns and allowances 800 2,900 2,100 1,700 4,000 Record the summarized activities in the T-accounts below. Balance, Dec. 31, 2017 > Invoice cost of purchases Merchandise Inventory 25,000 Cost of sales transactions Purchases returns and 192,500 allowances 2,100 Purchases discounts received 2,900 Shrinkage 222,500 Returns by customers Shrinkage Balance, Dec 31, 2018 . x Cost of Goods Sold Cost of sales transactions 196.000 Returns by customers Shrinkage 800 Balance, Dec 31, 2018 196,800 "Red text indicates no response was expected in a cell or a formula-based calculation is incorrect no points deducted