Question: Gross profit Obj. 1 During the current year, merchandise is sold for $615,000 cash and $4,110,000 on account. The cost of the goods sold is

Gross profit Obj. 1 During the current year, merchandise is sold for $615,000 cash and $4,110,000 on account. The cost of the goods sold is $2,835,000. What is the amount of the gross profit?

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