Review each of the following transactions and select whether it increases, decreases, or has no impact on gross profit. HINT: Think about which items are listed before (above) gross profit on the MSIS. Transaction Description Sold 5 laptops for $1,000 each, COGS was $760 each Received payment from a customer after the discount period Paid for the delivery of 10 computers sold to Always B Computing Customer took an early payment discount of $82 Paid $2,700 rent expense Provided a customer with a $75 sales allowance Impact on Gross Profit Increase Decrease No impact 9