You are a new accounting associate and have been asked to apply markdown in the following situation. Your store received 150 vests. Toward the end of the season, 137 vests had been sold at $32.00. It has been decided to mark down the remaining vests to $24.99. Suppose that within two weeks, the remaining vests sold at $24.99, the reduced price. Calculate the percent of expected total sales the markdown cost the store