On March $10,2025,$ Blossom Company sold to Wildhorse Hardware $200$ tool sets at a price of $$48$ each $($cost $$33$ per set$)$ with terms of n$/60,$ f$.$o$.$b$.$ shipping point. Blossom allows Wildhorse to return any unused tool sets within $60$ days of purchase. Blossom estimates that $(1)10$ sets will be returned, $(2)$ the cost of recovering the products will be immaterial, and $(3)$ the returned tools sets can be resold at a profit. On March $25,2025,$ Wildhorse returned $6$ tool sets and received a credit to its account. Assume that instead of selling the tool sets on credit, that Blossom sold them for cash.

$($b$2)$

Your answer is partially correct.

Indicate the balance sheet reporting by Blossom at March $31,2025,$ of the information related to the Wildhorse sales.

BLOSSOM COMPANY

Balance Sheet $($Partial$)$

March $31,2025$

Inventory

$\backslash$$

Refund Liability

$\backslash (\backslash$square $\backslash )$

eTextbook and Media

List of Accounts

Assistance Used