Merchandise costing $714 is sold for $1,234 on terms 2/10, n/30. If the buyer pays within the discount period, gross profit will be $_ On June 1, 2018 Risky Ventures paid $2,880 for insurance coverage for twelve months of coverage beginning June 1. On December 31, Risky Ventures will report what dollar amount related to insurance on the Income Statement? $ At December 31, 2018, you obtained the following data relating to supplies. Unadjusted balance in Supplies on December 31, 2018 $ Unadjusted balance in Supplies Expense on December 31, 2018 Supplies on hand, counted on December 31, 2018 1,942 6,880 536 What amount should be reported on the 2018 income statement as Supplies Expense