Atlas Chemical Company wanted to keep its recruiting costs for the position of Chief Chemist to less than $100,000. The company spent $15,500 on advertising and $32,700 on interviewing expenses. They will pay 8% commission on selling the selected individual's home. What is the maximum selling price that Atlas would pay 8% commission on and stay within budget?

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1. Atlas Chemical Company wanted to keep its recruiting costs for the position of Chief Chemist to less than $100,000. The company spent $15,500 on advertising and $32,700 on interviewing expenses. They will pay 8% commission on selling the selected individual's home. What is the maximum selling price that Atlas would pay 8% commission on and stay within budget?