Excise Taxes Reagan is required to collect the following taxes:

a$.$ State Excise Tax: A tax of $$3\mathrm{.}00$ per customer plus $2\%$ of billing used to fund the Kentucky Energy Commission

b$.$ Federal Excise Tax: A tax of $$0\mathrm{.}50$ per customer plus $0\mathrm{.}1\%$ of billing used to fund the Federal Energy Commission

Required:

When required, round your answers to two decimal places.

Determine how much Reagan will bill these customers in total for the month of May.

$

Prepare the entry to record the billing of these amounts. If an amount box does not require an entry, leave it blank.

$\backslash$table$[[$Accounts Receivable,$2,510,800\mathrm{.}5,],[$Sales Revenue,,$2,400,000$