A flash drive manufacturer is offering its wholesalers a 17% discount for the next quarter...

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Accounting

A flash drive manufacturer is offering its wholesalers a 17% discount for the next quarter to help increase its total sales. On average, it costs $20 to manufacture one flash drive. If the manufacturer usually sells the flash drives for $25.00 each, what is the manufacturer's profit or loss on each flash drive after the discount is applied? (Loss amount should be indicated with a minus sign. Round your answer to 2 decimal places.)

Profit or Loss ($):

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