A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $35 per unit, management projects sales of 75,000 units. Launching the crepe maker as a new product would require an investment of $230,000. The desired return on investment is 12%. The target cost per crepe maker is closest to:

$42.42

$34.63

$35.00

$42.80