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Lowes Farm Supply paid $106 for a large bag of fertilizer. Expenses are 11% of selling price and the required profit is 13% of selling

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Lowes Farm Supply paid $106 for a large bag of fertilizer. Expenses are 11% of selling price and the required profit is 13% of selling price. Round ALL answers to the nearest cent if applicable. 1) What is the regular selling price? 2) What is the break-even selling price? 3) During an inventory sale, the fertilizer was marked down 17% on the regular selling price. What is the sale price? 4) What is the operating profit or loss during the inventory sale (use a negative sign () for a loss)

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