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On September 8, 2017, Leon's Kitchen Hut bought a set of pots with a $146 list price from Lambert Manufacturing. Leon's receives a 30% trade

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On September 8, 2017, Leon's Kitchen Hut bought a set of pots with a $146 list price from Lambert Manufacturing. Leon's receives a 30% trade discount. Terms of the sale were 2/10, n/30. On September 14, Leon's sent a check to Lambert for the pots. Leon's expenses are 30% of the selling price. Leon's must also make a profit of 16% of the selling price. A competitor marked down the same set of pots 30%. Assume Leon's reduces its selling price by 35% a. What is Kitchen Hut's cost for the set of pots? (Round your to the nearest cent.) b. What is Kitchen Hut's original selling price? (Round your answer to the nearest cent.) c. What is the sale price at Kitchen Hut? (Round your answer to the nearest cent.) answer . Cost b. Original selling price c. Sale price

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