Answer
(Answer may vary.)
$\$308000$
Work Step by Step
Answer may vary.
From Exercise (2), the equation we found was $y=\frac{1}{5}x+241$.
Substitute $335$ (since $x$ is in thousand dollars) to $x$ to obtain:
$\begin{align*}
y&=\frac{1}{5}(335)+241\\
y&=67+241\\
y&=308
\end{align*}$
Thus, the selling price is $\$308,000$.
