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Question Help High Quality Jewelers uses the perpetual inventory system. On March 3, High Quality sold merchandise for $55,000 to a customer on account with

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Question Help High Quality Jewelers uses the perpetual inventory system. On March 3, High Quality sold merchandise for $55,000 to a customer on account with terms 4/15, n/30. The cost of goods sold was $22,000. On March 18, High Quality received payment from the customer. Calculate the amount of gross profit. A. $52,800 B. $30,800 O c. $22,000 OD. $33,000

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