Question: A business bought inventory for $ 1 5 , 0 0 0 and sold it for $ 2 0 , 0 0 0 on account

A business bought inventory for $15,000 and sold it for $20,000 on account with 2/10 n/30 payment terms. How much would the gross profit be on the entire shipment if the business took advantage of the early cash payment terms of 3/15, n/30 from its supplier and the customer also takes advantage of the 2% discount offered?
Select one:
a. $5,450
b. $4,600
c. $5,000
d. $5,050

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