Whispering Winds Book Warehouse Ltd. distributes hardcover books to retail stores. At the end of May, Whispering Winds's inventory consists of 270 books purchased at $ 18 each. Whispering Winds uses a perpetual inventory system. During the month of June, the following merchandise transactions occurred: June 1 Purchased 160 books on account for $ 16 each from Reader's World Publishers, terms n/45. 3 Sold 220 books on account to The Book Nook for $25 each, with an assumed average cost of $17, terms 2/10, n/45 5 Received a 160 credit for 10 books returned to Reader's World Publishers. 8 Sold 70 books on account to Read-A-Lot Bookstore for $ 22 each, with an assumed average cost of $ 17, terms 2 10, n 45. 9 Issued a $ 264 credit memorandum to Read-A-Lot Bookstore for the return of 12 damaged books. The books were determined to be no longer saleable and were destroyed. 11 Purchased 130 books on account for $ 16 each from Read More Publishers, terms n/45. 12 Received payment in full from The Book Nook. 17 Received payment in full from Read-A-Lot Bookstore. 22 Sold 125 books on account to Reader's Bookstore for $ 26 each, with an assumed average cost of $ 17, terms 2/10, 45 25 Granted Reader's Bookstore a $ 390 credit for 15 returned books. These books were restored to inventory. 29 Paid Reader's World Publishers in full. s the Whispering Winds Book Warehouse a retailer or a wholesaler? The Whispering Winds Book Warehouse is a