Darlington Company entered into the following business events during its first month of operations. The company uses the perpetual inventory system. 17 The company purchased $12.500 of merchandise on account under terms 3/10, n/30. 2) The company returned $2,000 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 $19,000 cash. Part 2 of 2 What is the gross margin that results from these four transactions? $8,815