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In reviewing the incentive - based agreement between AdCreate and Anchor Motors, Jacob Stein found that sales of Anchor rose 5 . 2 % compared

In reviewing the incentive-based agreement between AdCreate and Anchor Motors, Jacob Stein found that sales of Anchor rose 5.2% compared to the previous year in the second quarter. AdCreate paid the media $895,000 for Anchor Motors ads during the same period. Based on this information, which of the following is true for the second quarter billings?
AdCreate billed Anchor Motors $1,152,941 for the second quarter in 2016.
AdCreate's income from the Anchor Motors account for the second quarter of 2016 was $257,941.
AdCreate billed Anchor Motors $1,052,941 for the second quarter in 2010.

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