Answer the following independent question including computations (if needed) or examples supporting your answer.

1. Zulus Market recorded the following events involving recent transactions of merchandise:

June 1: Received goods for $50,000, terms 2/10, n/30. June 2: Returned $1,000 of the shipment for credit.

June 2: Paid $250 freight on the shipment. June 12: Paid the invoice.

June 13: Payment of $100 freight on goods sold.

As a result of these events, what would be the impact on the companys merchandise inventory? Demonstrate with calculation