ABC Company manufactures and sells black pens. The variable production cost for a pack of 100 pens is $2. The fixed production costs are $5 per pack. The variable selling expense is $1 per pack. A local bank has requested a special order of pens for its branch. They will order 1,000 pens (10 packs) but they must write in blue ink. The special order would not require any selling costs, but the company would need to buy a barrel of blue ink for $50. The company has plenty of capacity to make the additional pens. What is the lowest price ABC should charge for the order of 1,000 pens so as not to take a loss on the sale?

$50

$70

$80

$130