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QUESTION: This class has 3 0 students. Each student is going to order a Tesla Model Y ( Please do not actually order a car,

QUESTION: This class has 30 students. Each student is going to order a Tesla Model Y (Please do not actually order a car, this is just a hypothetical question). For simplicity, we will assume the following:
The price of each car is $60,000(before sales tax)
The deposit required while ordering is $12,000.
Sales tax are 5.00%(assessed when the car is delivered)
Final payment is due when car is delivered.
The following is a summary of the transactions that occurred:
April 7- all 30 students made their orders and paid the $12,000 required deposit.
April 24- Twenty 24 cars are delivered and the 24 students pay the total remaining balances.
April 29- the remaining 6 cars are delivered and the 6 students pay the total remaining balances.
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