Kim works at a sports store and needs to determine the selling price for running shoes. The running shoes have a cost of $40. The manager asked Kim to price the running shoes with a 60% target gross margin. Kim has priced the running shoes with a 60% markup percentage. If there are 50 running shoes, how much will the store lose in sales if the price is not correct? Select one: O a. $1,800 b. $1,936 O c. $2,700 d. $1,666.50