Alexis Company has total proceeds from sales of $4,515. If the proceeds include sales taxes of 5%,

Question:

Alexis Company has total proceeds from sales of

$4,515. If the proceeds include sales taxes of 5%, what is the amount to be credited to Sales Revenue?

(a) $4,000.

(b) $4,300.

(c) $4,289.25.

(d) The correct answer is not given.

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