I need help in this question. I have only 10 minutes to answer. Please fast no lengthy explanation needed but just correct answer.

7. Mr. D recently manufactured a product that will be introduced to the market next year. The unit cost is $210. Mr. D wishes to achieve a margin of 25% based on sales. How much would Mr. D sell the product for? 0 $262.50 $280.00 $367.50 $250.00 8. The sole proprietorship business of Individual M purchased a machinery amounting to $30,000. The machinery is expected to be useful for a period of 4 years and have a residual value of $5,000. Individual M uses the double-declining method in depreciating their fixed assets. How much would be the depreciation expense for year 3? $3,750.00 0 $2,500.00 $7,500.00 $1,250.00 Activate Windows