Mr.Jotaro Kujo was worried about his grand-dad's handling of their business of selling cycle stands and accessories. Mr.Joseph Joestar, now 68 had started the business of repairing cycle chains and stands when he was 21 years old. But recently, Mr.Joseph couldn't see properly and usually made mistakes in calculating. You being an expert in the field of accounting; Mr.Jotaro Kujo, is now approaching you to seek some help. He wants to open a new branch in the heart of Tokyo by the name of The Platinum Stardust Cycle Crusaders. He has few questions, which he thinks you could answer. He provides you the following information: Opening stock of cycles in units: 320; New shipment of cycles in units: 180; Cost of cycles already available for sell: $420,000; New batch of cycles, stands and accessories to be shipped from Egypt by one of the supplier M. Avdool: $200,000; Wages payable to Mr.Kakyoin for cleaning up the workshop: $80,000; Marketing and Advertising expenses to be paid to monsieur Polnareff: $100,000; If Mr.Jotaro Kujo wants to earn net profit of $200,000 and he intends to sell all the cycles (i.e. 500 units), how much should he charge as the sales price per cycle? $2,520 $1,480 $3,040 $2,000