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Garcia began a rebate program for the printers that they sell in March of 2020. For each printer sold they offer a $10 rebate. If
Garcia began a rebate program for the printers that they sell in March of 2020. For each printer sold they offer a $10 rebate. If they sold 2,300 printers, paid $8,500 in rebates in 2020 and expect 65% of the rebates to be claimed, what was the balance in their rebate account on December 31, 2020?
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