Acme Inc. is a merchandise reseller that provided the following information: Amount 12,000 $ 18 $ 1 $ 3 Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $18,000 $16,000 $ 9,000 $ 26,000 $86,000 What is the company's gross margin for the period? Multiple Choice $205,000