engagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignment.... A^() eBook Show Me How Computing Gross Profit The following data were taken from the accounts of Fluter Hardware, a small retail business. Sales $118,200 Sales returns and allowances 870 Sales discounts 700 Merchandise inventory, January 1 34,100 Purchases during the period 77,400 Purchases returns and allowances during the period 4,300 Purchases discounts taken during the period 2,280 Freight-in on merchandise purchased during the period quad1,180 Merchandise inventory, December 31 31,800 Determine the gross profit. 2 more Check My Work uses remaining