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Purchase - Related Transactions A retailer is considering the purchase of 5 0 0 units of a specific item from either of two suppliers. Their

Purchase-Related Transactions
A retailer is considering the purchase of 500 units of a specific item from either of two suppliers. Their offers are as follows:
Supplier One: $40 a unit, total of $20,000,1/10, n/30, no charge for freight.
Supplier Two: $39 a unit, total of $19,500,2/10, n/30, plus freight of $500.
Price of Supplier One:
$fill in the blank 1
Price of Supplier Two:
$fill in the blank 2
Which of the two offers, Supplier One or Supplier Two, yields the lower price?

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