Final answer:
To use Solver, set the objective to $50,000 by changing cell C12, then save the results as a scenario named $50,000. Restore the original values and run another Solver problem to find the selling price for a PHRE commission of $75,000, saving these results as a scenario named $75,000.
Step-by-step explanation:
To use Solver to find target PHRE net commission amounts:
a. Build a Solver problem with cell C17 as the objective cell. Set the objective to a value of $50,000 by changing cell C12. Save the results as scenario named $50,000.
b. Restore the original values and run another Solver problem to find a selling price for a PHRE commission of $75,000. Save these results as a scenario named $75,000.