A retailer purchased a product for $90 and had operating expenses of 20% of the cost and operating profit of 25% of the cost on each product. During a seasonal sale, the product was marked down by 40%. a) What was the regular selling price? $ b) What was the amount of markdown? $ c) What was the sale price? $ d) What was the profit or loss at the sale price? CA O Breakeven O Profit O Loss