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1 0 ! Part 2 of 2 Required information [ The following information applies to the questions displayed below. ] Jarvie loves to bike. In

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Part 2 of 2
Required information
[The following information applies to the questions displayed below.]
Jarvie loves to bike. In fact, he has always turned down better-paying jobs to work in bicycle shops where he gets an employee discount. At Jarvie's current shop, Bad Dog Cycles, each employee is allowed to purchase four bicycles a year at a discount. Bad Dog has an average gross profit percentage on bicycles of 25 percent. During the current year, Jarvie bought the following bikes:
\table[[Descriptio,Retail Price,,\table[[Employee],[Price]]],[Specialized road bike,$6,200,$4,150,$4,340
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