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Lily runs a restaurant and the property owner collects rental base on the revenue. $15,000 fixed rental plus 10% of the first $50,000 revenue. For
Lily runs a restaurant and the property owner collects rental base on the revenue. $15,000 fixed rental plus 10% of the first $50,000 revenue. For the next $100,000 revenue, 5% of it will be added. For any additional revenue, 3% of it will be added to the rental fee. What will be the rental expense when Lily recorded $200,000 sales?
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