Abbey Co. sold merchandise to Gomez Co, on account, $25,800, terms 2/15, net 45. The cost of the goods sold was $14,748. Abbey Co. issued a credit memo for $3,100 for merchandise returned that originally cost $1,106. Gomez Co. paid the invoice within the discount period. What is the amount of gross profit eamed by Abbey Co. on the above transactions? $11,642 $3,100 $13,642 $8,604