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The Garden Shoppe buys hedge trimmers from a wholesaler and sells them to customers at a retail price of $417.96 each. The Garden Shoppe earns

The Garden Shoppe buys hedge trimmers from a wholesaler and sells them to customers at a retail price of $417.96 each. The Garden Shoppe earns a 37% markup on its cost for this hedge trimmer. Calculate The Garden Shoppe's cost for one hedge trimmer. (Rounding: penny.)

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