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Pet Value paid $117 for a dog bed. Expenses are 23% of selling price and the required profit is 20% of selling price. Round ALL

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Pet Value paid $117 for a dog bed. Expenses are 23% of selling price and the required profit is 20% 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 dog bed was marked down 18% 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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