Question: I need help On September 8, Leon's Kitchen Hut bought a set of pots with a $146 list price from Lambert Manufacturing. Leon's receives a

I need help

I need help On September 8, Leon's Kitchen
On September 8, Leon's Kitchen Hut bought a set of pots with a $146 list price from Lambert Manufacturing. Leon's receives a 30% trade discount Terms of the sale were 2/10, n/30. On September 14, Leon's sent a check to Lambert for the pots, Leon's expenses ar 30% of the selling price. Leon's must also make a profit of 16% of the selling price. A competitor marked down the same set of pots 30%. Assume Leon's reduces its selling price by 35%. a. What is the sale price at Kitchen Hut? (Round your answer to the nearest cent.) Sale price b. What was the operating profit or loss? (Input the amount as a positive value. Round your answer to the nearest cent.)

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