Cushman Company, Inc. had $800.000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold of $380,000, and $275,000 in operating expenses. Gross profit equals: $115,000. $390,000. $402,000. $408,000. Jasper Company, Inc. is a wholesaler that buys merchandise in large quantities. Us supplier s catalog indicates a list price of $500 on merchandise Jasper intends to purchase, and offers a 30% trade discount for large quantity purchases. The cost of shipping (paid by Jasper) for the merchandise is $7 per unit. Jasper's total purchase price per unit will be: $507 $350 $357 $343 $493