A buyer for BestBuy is negotiating with a manufacturer to purchase an order of edge-lit 58 inch 3D LED televisions. She negotiates a price of $1,295. BestBuy marks up this category of television by 19% of selling price. BestBuy has determined that the price point for this TV will be $1,675. Based on the negotiated price, BestBuy's required markup and the customer price point, by how much will BestBuy be exceeding (+) or falling short (-) of it's desired markup? Round your answer to the nearest dollar. In answering this question, calculate the selling price that would represent a 19% markup on that selling price, given the negotiated purchase price. Then compare that price to BestBuy's price point.

Hello so the correct answer is 76.

Can you please explain this homework question to me how is 76 the correct answer? Thank you