United furniture purchased a rocking chair for $480 less 40% and 25%. The rocking chair was then marked up by 120% of cost. Overhead expenses are 55% of cost. In an anniversary sale, united furniture offered the rocking chair at 40% off. Determine: a. The net cost of the rocking chair. b. The amount of markup. c. The overhead expenses per rocking chair. d. The regular selling price. e. The sale price (reduced selling price). f. The rate of markup on cost at the sale price. g. The operating profit or loss at the sale price