Question 17 2 pts The following data are available for the months of April and May of the current year: April May P7,000 ? Merchandise Inventory, beg Merchandise Inventory, end 6,500 P7,500 18,500 Net Purchases 19,500 38,500 Net Sales 36,000 12,200 14,900 Operating expenses How much is the gross profit/ gross margin for the month of April? 1