What would be the debit to accounts payable and the credit to inventory?

Accounts Receivable-Gee Co. 42,900 May 21: Purchased merchandise on account from Osterman Co., terms 1/10, n/30, FOB destination, $88,000. Date Description Post. Ref. Debit Credit May 21 Inventory 87,120 Accounts Payable Osterman Co. 0 87,120 May 24: Returned damaged merchandise purchased on May 21, receiving a credit memo from the seller for $5,000. Post. Date Description Debit Ref. Credit May 24 Accounts Payable Osterman Co. 0 Inventory ox Accounting numeric field May 26: Refunded cash on sales made for cash, $7,500. The cost of the merchandise returned was $4,800. Check My Work