The following supplementary records summarize Tosca Company's merchandising activities for year 2015. Assume Tosca Company uses a perpetual inventory system. Cost of merchandise sold to customers in sales transactions Merchandise inventory, December 31, 2014 Invoice cost of merchandise purchases Shrinkage determined on December 31, 2015 Cost of transportation-in Cost of merchandise returned by customers and restored to inventory Purchase discounts received Purchase returns and allowances $ 166,000 24,103 170,183 840 1,702 2,750 1,361 4,400 Record the summarized activities in the T-accounts below. Merchandise Inventory Cost of Goods Sold