Question 2 Gross sales are $25,619; customer returns and allowances are $2,791.32; purchases at billed cost are $12,585; inward freight is $932.45; and cash discounts earned was 2%. What is the gross margin in dollars? $9,456.92 $9,561.93 $8,900.25 2 pts $9,892.30

Gross sales are $25,619; customer returns and allowances are $2,791.32; purchases at billed cost are $12,585; inward freight is $932.45; and cash discounts earned was 2%. What is the gross margin in dollars? $9,456.92 $9,561.93 $8,900.25 $9,892.30