Davis Parts Shop uses a large amount of supplies in its business. The following table summarizes selected transaction data for supplies that Davis Parts Shop purchased:

Determine the total purchases of supplies for July alone under each of the following assumptions:
1. Davis Parts Shop recognizes purchases when orders are shipped?
2. Davis Parts Shop recognizes purchases when orders are received?

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Order Date Shipped Date Received Amount July 5 15 June 26 July 10 16 P3 27 Aug. 3 $300 750 400 600 750 500 30 Aug. I