The junior department plans the following figures for the fall season (4 points) Net sales $250,000 Billed cost $120,000 Reductions $40,000 a) What is the maintained markup in dollars ($)? (1 point) b) What is the maintained markup%? (1 point) c) What is the initial markup in dollars ($)? (1 point) d) What is the initial markup%? (1 point) Determine the initial markup percent for a sporting goods store that has the following planned figures for a three-month period (6 points) Net sales Profit Expenses Employee discounts Cash discounts Alteration costs Shortages Markdowns $425,000 4.1% 30.0% $4,000 $7,000 3.5% $3,825 6.4%