Question: A retailer purchases greeting cards for $ 2 . 2 5 and sells them for $ 2 . 6 5 . At the end of

A retailer purchases greeting cards for $2.25 and sells them for $2.65. At the end of the month, each unsold greeting card can be returned to the printer for a $1.05 refund.
What is the underage cost for a greeting card?
Note: Round your answer to 2 decimal places.

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