-4 During the year, the following sales transactions occur. There is a charge of 3% on all credit card transactions and a 1% charge on all debit card transactions. I. Total cash sales = $440,000 .. Total check sales = $290,000 1. Total credit card sales = $540,000 +. Total debit card sales = $140,000 Calculate the amount recorded as cash receipts from these transactions. Total cash sales Total check sales Total credit card sales Total debit card sales Total cash receipts