Patricia's Pastry Shop is considering expanding its product offerings to include miniature cupcakes. Her research indicates that customers are willing to pay $4.99 for a set of four. If she has a required profit of 65% on everything sold, what is the maximum cost per set she can incur to produce the cupcakes and still earn her required profit? Round your answer if necessary. $1.97$3.24$1.75$2.17