Day 31 You have decided to move from providing services to selling merchandise. You have found a supplier that will sell you inventory for:

Day 31You have decided to move from providing services to selling merchandise. You have found a supplier that will sell you inventory for: $8.50/unit; terms of sale are 2/10, n/30but you must pay all within 10 days to get the discount. You determine you need additional financing for your business:each of your 3 directors “buys” 2,000 shares of common stock:•