My original idea was to use a power transistor to cut off the supply to an LED, but cost and elegance was an issue.
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Taking the suggestion of using a MOSFET, I put this circuit together (all the conditions are listed below) .
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Is this the best option I could use?
Power inputs to all the pins is between 12-14.5V. Current on Pin 2 is 60mA, Pin 1 is 280mA.
This was drawn in Multisim v11.
Cabe