what is correct or incorrect for the work you have The following supplementary records summarize Tesla C system). $196,000 25,000 192,500 r 31, 2016 Invoice cost of merchandise purchases Shrinkage determined on December 31, 2017 Cost of transportation-in 2,900 2,100 1,700 4,000 Purchases discounts received Record the summarized activities in the T-accounts below Dec. 31, 2016 purchases 192,500 2.100 cost of 20,000 The following supplementary records summarize Tesla Company's merchandising activities for year 2017 (it uses a perpetual inventory system). 196,000 25,000 92,500 800 2,900 2,100 1,700 4,000 Cont of merchandise sold to custoners in salen transact Merchandise inventory, December 31, 2016 Invoice cost of merchandise purchases,gross anount Shrinkage deternined on December 31, 2017 Cost of transportation-in Cost of nerc ise returned by austomers and restored to inventory Purchases discounts received Record the summarized activities in the T-accounts below