Pineapple Company is considering selling a solar-powered music player. Based on a survey of industry data, Pineapple knows that it would be able to sell the music player for $157. Pineapple wants to ensure it will obtain a profit of $35 for each music player sold.

1. What is the formula to determine the target cost of a product?

2. Determine the maximum cost for producing the music player?

3. Should Pineapple produce and sell the music player if production costs for 175,000 units are $20,947,365?