Check my wor Exercise 8-9 Purchase discounts; the gross method [LO8-3) On July 15, 2018, the Nixon Car Company purchased 2,600 tires from the Harwell Company for $35 each. The terms of the sale were 2/10, n/30. Nixon uses a periodic inventory system and the gross method of accounting for purchase discounts Required: 1. Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2018. 2. Prepare the journal entry to record the payment on August 15, 2018. 3. If Nixon instead uses a perpetual inventory system, explain any changes to the journal entries created in requirements 1 and 2 ces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2018. (If no entry is required for a 5 of 7