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Abbey Co. sold merchandise to Gomez Co. on account, $18,100, terms 2/15, net 30. The cost of the merchandise sold is 512,670 . Abbey Co,

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Abbey Co. sold merchandise to Gomez Co. on account, $18,100, terms 2/15, net 30. The cost of the merchandise sold is 512,670 . Abbey Co, issued a credit memo for $2,500 for merchandise returned that originally cost $1,800. Gomez Co. paid the invoice within the discount period. What is the amount of gross profit earned by Abbey Co, on the above transactions? The net income is \&

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