Question 3 15 pts With respect to the drawing account shown in chapter 9 PowerPoint slide #10, what would the end of month payments be if the plan was nonguaranteed and monthly draw was $2,500 (instead of $3,000)? So performance and everything else is the same, except the monthly draw is decreased by $500? January end of month payment February end of month payment March end of month payment [Write in number only, no dollar sign $$ -- with or without commas (i.e., 1500 or 1,500) is fine...] 10 Drawing Account A "draw" is defined as a cash-advance for future commissions earned. LQ8 In the following example of a $3,000 monthly draw, the salesperson's total compensation in this three month period is: $11,000 if the draw is nonguaranteed, or $12,500 if the draw is guaranteed. What is the total commission across the three months if draw is nonguaranteed? Beginning of month payment (the draw) $3,000 Gross margin generated $15,000 Commission earned Month End of month payment $1,500 January $4,500 February $3,000 $5,000 $1,500 $0 ("owes" $1,500) March $3,000 $20,000 $5,000 $500 (if nonguaranteed) $2,000 (if guaranteed) AITO TODO