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Question 11 10 Points Abbey Co. sold merchandise to Gomez Co. on account, $47000, terms 2/15, net 45. The cost of the merchandise sold is

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Question 11 10 Points Abbey Co. sold merchandise to Gomez Co. on account, $47000, terms 2/15, net 45. The cost of the merchandise sold is $23000, Abbey Co. issued a credit memo for $3200 for merchandise returned that originally cost $6100. Gomez Co. paid the invoice within the discount period. What is the amount of gross profit earned by Abbey Co. on the above transactions? Add your

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