Please answer the multiple choice question with work below.

Management has determined that their product should be sold to consumers at a retail price of $14.99. The cost of goods sold for the product is $4/unit. The company expects that retailers require a 30% margin in return for carrying the product and wholesalers expect a 20% margin. What is the manufacturer sales price? Manufacturer sales price Wholesale purchase price Wholesale margin Wholesale % margin Retail purchase price/ wholesale sales price Retail unit margin Retail % margin 20% 30% Retail Price $14.99 $10.50 O $8.39 $14.99 5465