Question 6 (of 20) value: 0.25 points M6-8 Reporting Net Sales and Gross Profit with Sales Discounts /LO 6-4] Merchandise costing $2,600 is sold for $3,600 on terms 2/10, n30.H the buyer pays within the discount period, what amount will be reported on the income statement as net sales and as gross proft? Net Sales Gross Profit References eBook & Resources Worksheet Difficuity: 2 Medium M6-8 Reporting Net Sales and Gross Profit with Sales Leaming Objective: 06-04 Analyze sales transactions under a perpetual inventory system. Discounts [LO 6-4] Check my work