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Abbey Co, sold merchandise to Gomez Co. on account, $26,300, terms 2/15, net 45. The cost of the goods sold was $15,205. Abbey Co. issued

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Abbey Co, sold merchandise to Gomez Co. on account, $26,300, terms 2/15, net 45. The cost of the goods sold was $15,205. Abbey Co. issued a crest memo for $3,200 for merchandise returned that originally cost $1,474. Gomez Co. paid the involce within the discount period. What is the amount of gross profit earned by Abbey Co, on the above transactions Oa. $12043 Ob 53200 x , 415,731 Od 58.907

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