Jewel Corporation uses the perpetual inventory system. Please make journal entries for the following inventory transactions. Show any necessary work/calculations. - October 2 - Purchased on account $6,400 of inventory for resale. Credit terms 2/10,n/30. FOB shipping point. - October 3 - Paid $200 for shipping costs related to the October 2 inventory purchase. - October 5 - Sold inventory, costing $10,000, to a customer for $14,000 retail price. Credit terms 1/15,n/40. FOB shipping point. - October 7 - Returned $400 of defective inventory related to the October 2 purchase for an account credit. - October 10 - Paid the balance of the account owed from the October 2 purchase. - October 15 - Granted a $2,000 allowance against a customer's account relating to the October 5 sale of inventory. - October 20 - Received payment of the net balance from the October 5 sale of inventory.