Whispering Winds Shoe Sales has a January 31 fiscal year-end. At the start of the year, Whispering Winds had 295 pairs of shoes in its Inventory at a cost of $30 per pair. Assume that the oldest inventory is sold first. Whispering Winds uses a perpetual inventory system and estimates returns of 5% on all sales. During the month of February 2022, the following transactions took place: Feb. 4 11 Purchased 1,180 pairs for $20 each from Ayayai Corp. on account, terms n/30. Returned 118 pairs to Ayayai for $2,360 credit because the shoes were the wrong size. 13 18 26 20 Sold 210 pairs for $90 each to Shoes for Kids, terms n/30. Granted credit of $810 to Shoes for Kids for the return of 9 pairs that were the wrong colour. The shoes were restored to inventory. Paid Ayayai the amount owing. 28 Received payment in full from the Shoes for Kids.