Presented below are transactions related to Carla Vista Company. 1. On December 3, Carla Vista Company sold $618,600 of merchandise on account to Martinez Co., terms 2/10, n/30, FOB destination. Carla Vista paid $410 for freight charges. The cost of the merchandise sold was $367,900.
2. On December 8, Martinez Co. was granted an allowance of $28,200 for merchandise purchased on December 3.
3. On December 13, Carla Vista Company received the balance due from Martinez Co.