$\backslash$table$[[,$Impact on income,$\backslash$table$[[$Increase$],[($decrease$)$ to$],[$income$]]],[\backslash$table$[[$July $1)$ Purchased merchandise from Boden Company for$],[$$$6,000$ under credit terms of $\frac{1}{15},\frac{n}{30},$ FOB shipping point,$],[$invoice dated July $1.]],$No impact on income,,$],[\backslash$table$[[$July $2)$ Sold merchandise to Creek Company for $$900$ under$],[$credit terms of $\frac{2}{10},\frac{n}{60},$ FOB shipping point, invoice dated$],[$July $2.]],$Increases net income,$$,900],[\backslash$table$[[$July $2)$ The cost of the merchandise sold to Creek Company$],[$was $$500.]],$Decreases net income,,$(500)$