A) $324,000
B) $337,500
C) $427,500
D) $450,000
Answer: C
Explanation: C) (90,000 × $15) = $1,350,000 × 95% /3 = $427,500
A) $324,000
B) $337,500
C) $427,500
D) $450,000
Answer: C
Explanation: C) (90,000 × $15) = $1,350,000 × 95% /3 = $427,500