A local home store had a wheel-of-savings display for customers to spin as part of its end-of-summer sale. John spun the wheel, and it landed on a markdown series of 30% and 20%, applied to his final purchase. He bought a stainless steel, side- by-side refrigerator for $1,599.99. What is the price of the refrigerator after the series discounts were applied? Round your answer to the nearest cent. $895.99 $1,503.99 $480.00 $800.00