Marcelino bought balloons to sell at lunches to raise money for charity.

Item
Cost
Thirty Balloons
$22.50
Ribbon
$7.50
Helium Tank Rental
$15.00

Marcelino claims he will raise a lot of money by selling each balloon for $1.25. Which statement is true about the amount of money he will make if he sells all of the balloons?
Marcelino will only make a profit of $7.50; each balloon costs $1.50, so he’s making $.25 on each balloon.
Marcelino will break even; his cost will equal his profits.
Marcelino will have –$7.50; his costs are more than his profits.
Marcelino will raise $45.00; each balloon raises $1.50.