The net price of an item after trade discounts of 30.00%, 12.00%, and 5.50% is $3,080.00 a. Calculate the regular selling price of the goods. Round to the nearest cent b. Calculate the equivalent discount rate of the series of discount rates. % Round to two decimal places The net price of an item after trade discounts of 30.00%, 12.00%, and 5.50% is $3,080.00 a. Calculate the regular selling price of the goods. Round to the nearest cent b. Calculate the equivalent discount rate of the series of discount rates. % Round to two decimal places