2. XYZ Company sells cell phone screen protector for $25 each after purchasing from the wholesaler. The markup is 24% of regular selling price, and the owners require a profit that is 10% of regular selling price. (a) For how much does XYZ Company pay to buy a cell phone screen protector from the wholesaler? (b) What is the price needed to cover all of the costs and expenses? (Hint: consider finding the expense (E) first based on the markup amount (M).) (c) What is the highest rate of markdown at which the store will cover all of the costs and expenses? (d) What is the highest rate of discount that can be advertised without incurring an absolute loss