Abbey Inc. paid $153.49 for an antique lamp. The original Selling Price was $208.78, but...

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Accounting

Abbey Inc. paid $153.49 for an antique lamp. The original Selling Price was $208.78, but this was marked down 46% due to the Christmas sale. If Operating Expenses are 14.9% of Cost, find the Operating Loss.
Group of answer choices
$68.62
$63.62
$62.63
$66.32

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