Assume the perpetual inventory method is used 24 1) The company purchased $12.400 of merchandise on account under terms 2/10, n/30. 2) The company returned $1,900 of merchandise to the supplier before payment was made 3) The liability was paid within the discount period. 4) All of the merchandise purchased was sold for $18,800 cash. The amount of gross margin from the four transactions is Multiple Choice