The cost to a distributor for an irrigation pump is $5,510 less trade discounts of 45% and 25%. The distributor regularly sells the pump for $3,500. Operating expenses are 21% of the regular selling price. If the pump is sold at a discounted price of $2,555, determine: For full marks your answer(s) should be rounded to the nearest cent. a) The original operating profit: Original profit = $ 0.00 b) The profit or loss at the sale price Profit on sale price = $ 0.00 c) The rate of markdown at the sale price: Markdown = 0.00 %