R. & Company allows customers to use debit and bank credit cards and cash for purchases of merchandise. The company does not accept personal cheques from customers. Ramesh's bank charges $1.05 for every debit card transaction and 4% for credit card transactions.

On May1, the company established a petty cash fund. Before it created the petty cash fund, cash was taken from the cash register whenever someone needed cash to pay for a small expense.

The following transactions happened in the first two weeks of May:

May 1 Established the petty cash fund by cashing a cheque for $250. 0 Total sales for the week were $35,000. Eustomers paid for these purchases as follows: $12,012 in cash, $3,558 on debit cards (122 transactions} and the balance using bank credit cards. 0 Replenished the petty cash fund. On this date, the fund consisted of$75 in cash and the following petty cash receipts: Delivery of merchandise to customers $50 Postage 30 Advertising in local paper 40 Ofce expense 49 15 Total sales for the week were $15,380. Customers paid for these purchases as follows: $3,590 in cash, 5?,390 on debit cards {85 transactions}, and the balance using bank credit cards. 15 Replenished the petty cash fund and increased the balance to $300. On this date, the fund consisted of $55 in cash and the following petty cash receipts: Ramesh's personal withdrawal $08 Supplies 36 Delivery of merchandise to customers 50