Mesa Cheese Company has developed a new cheese slicer called Slim Slicer. The company plans to sell this slicer through its catalog, which it issues monthly. Given market research, Mesa believes that it can charge exist17 for the Slim Slicer. Prototypes of the Slim Slicer, however, are costing exist27. By using cheaper materials and gaining efficiencies in mass production, Mesa believes it can reduce Slim slicer's cost substantially. Mesa wishes to earn a return of 39% of the selling price. (a) Compute the target cost for the Slim slicer. (Round answer to 2 decimal places, e.g. 10.50.) Target cost