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Right Company purchased merchandise for $ 4 , 0 0 0 and sold it for $ 6 , 0 0 0 . Between the time

Right Company purchased merchandise for $4,000 and sold it for $6,000. Between the time the inventory was purchased and sold, it appreciated in value by $500. What is the gross profit to be reflected on the income statement when the inventory is sold?
$6,000
$2,500
$2,000
$1,500
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