Murphy's Electric is struggling for work. They would like to keep all employees working so are willing to lose money for the month of -$24890. If Murphy's Electric total cost for the month is $62600 and they plan to sell 30 water heaters, what price should Murphy's Electric set for each heater to keep the monthly loss at -$24890?

(A) First write an equation you can use to answer this question. Use x\displaystyle {x} as your variable.

The equation is
 

(B) Solve your equation in part (A) to find the price per water heater.

Answer: The price per water heater is $.