The following information applies to the questions displayed belowj 17 Darlington Company entered into the following business Darlington Company entered into the following business events during its first month of operations. The company uses the perpetual inventory system. 1) The company purchased $12,200 of merchandise on account under terms Part 2 of 2 2/10, n/30. 2) The company returned $1,700 of merchandise to the supplier before payment was made. 3) The liability was paid within the discount periocd. 4) All of the merchandise purchased was sold for $18,400 cash. What is the gross margin that results from these four transactions? Multiple Choice $6,076 $8,144 $8,110 $6,200