A supplier lists a product at $310 and offers trade discounts of 45%, 15%, and 5% to a retailer for re-sale. The retailer sets the selling price to allow for overhead expenses of 10% of the selling price and profit of 25% of the selling price. During a sale, the product is marked down by 35%.

For full marks your answer(s) should be rounded to the nearest cent.

1. What is the sale price?
2. What is the break-even price?