Nadine bought the ingredients for 24 cupcakes for $5.60. She sold each cupcake for $1.30. She saved 25% of the profits and used the rest to buy a new sketchbook. How much did Nadine's new sketchbook cost?

Nadine bought the ingredients for 24 cupcakes for $5.60. She sold each cupcake for $1.30. She saved 25% of the profits and used the rest to buy a new sketchbook. How much did Nadine's new sketchbook cost? A. $6.40 B. $7.80 C. $19.20 D. $23.40

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