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1. The company purchased 13,000 of merchandise on account under terms 2/10, n/30. 2. The company returned 3,400 of merchandise to the supplier before payment

1. The company purchased 13,000 of merchandise on account under terms 2/10, n/30. 2. The company returned 3,400 of merchandise to the supplier before payment was made. 3. The liability was paid within the discount period. 4. All of the merchandise purchased was sold for 21,800 cash. The amount of gross margin from the four transactions is?

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