Show work please

Wildhorse Company has developed a new product, egg crates that prevent breakage. The cost per crate is $70 and the company expects to sell 1000 crates per year. Wildhorse Company has invested $1250000 in equipment to produce the crates and desires a 8% return on investment. What is Wildhorse Company's selling price for one egg crate? a $108 $170 $80 $250