Question 8 Canadian Tire paid $59 for a humidifier. Expenses are 12% of selling price and the required profit is 20% of selling price. Round ALL answers to the nearest cent if applicable. 1) What is the regular selling price? $ 2) What is the break-even selling price? $ 3) During an inventory sale, the humidifier was marked down 21% on the regular selling price. What is the sale price? $ 6 4) What is the operating profit or loss during the inventory sale (use a negative sign (-) for a loss)? $ Question 7 Home Furniture paid $51 for a lamp. Expenses are 11% of cost and the profit is 21% of cost. Round the answers to the nearest cent if necessary. 1) What is the regular selling price? $ 2) To help clear inventory, the lamp was sold at break-even during a sale. What is the break-even selling price? $