The following transactions occurred in April and May. Both companies use a periodic inventory system. Apr. 5 Cullumber Company purchased merchandise from Ivanhoe Company for $12,000, terms 2/10,n/30,FOB shipping point. Ivanhoe had paid $8,200 for the merchandise. 6 The correct company paid freight costs of $410. 8 Cullumber Company returned damaged merchandise to Ivanhoe Company and was given a purchase allowance of $1,800. Ivanhoe determined the merchandise could not be repaired and sent it to the recyclers. The merchandise had cost Ivanhoe \$1,230. May 4 Cullumber paid the amount due to Ivanhoe Company in full. (a) Prepare the journal entries to record these transactions on the books of Cullumber Company using a periodic inventory system instead of a perpetual system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record joumal entries in the order presented in the problem. List all debit entries before credit entries.)