05 por 1 Mc Graw Assume the perpetual inventory method is used Green Company purchased merchandise inventory that cost $17.300 under terms of 2/10, n/30 and FOB shipping point The company paid freight cost of $730 to have the merchandise delivered. Payment was made to the supplier within 10 days All of the merchandise was sold to customers for $26.300 cash and delivered under terms FOB shipping point with freight cost amounting to $530 What is Green Company's gross margin resulting from these transactions? Multiple Choice $18,214