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Abbey Co . sold merchandise to Gomez Co . on account, $ 3 5 , 0 0 0 , terms 2 1 5 , net
Abbey Co sold merchandise to Gomez Co on account, $ terms net The cost of the goods sold was $ Abbey Co issued a credit memo for $ for merchandise returned that originally cost $ Gomez Co paid the invoice within the discount period. What is the amount of gross profit eamed by Abbey on the above transactions?
a $
b $
c $
d #
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