Current Attempt in Progress Crane's Book Warehouse distributes hardback books to retail stores and extends credit terms of 1/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 3 6 9 15 17 20 24 26 28 30 Purchased books on account for $1,700 from Binsfeld Publishers, terms 2/10, n/30. Sold books on account to Reading Rainbow for $2,400. The cost of the books sold was $1,400. Received $100 credit for books returned to Binsfeld Publishers. Paid Binsfeld Publishers in full. Received payment in full from Reading Rainbow. Sold books on account to Rap Books for $2,000. The cost of the merchandise sold was $1,200. Purchased books on account for $2,000