Pre-Final Quiz 3 Assume Beta Company uses the perpetual Inventory method and engaged in the following transactions: 1) Purchased $11,000 of merchandise on account under terms 2/10,n/30. 2) Returned $1,100 (list price) of merchandise to the supplier before payment was made. 3) Pald the account payable within the discount period. 4) Sold the merchandise for $14,300 cash. 8 00:24:21 The amount of gross margin from the four transactions is Multiple Choice O $4,620 $3,102 o oo $4,598 Type here to search