question 1 (10 points) saved use the information in this list of transactions to determine marias balance at…

question 1 (10 points) saved use the information in this list of transactions to determine marias balance at a, b, and c. marias checking account transactions date transaction expenditure income or withdrawal balance 1 - feb paycheck - direct deposit $295.20 1 - feb atm cash & fee ($21.50) a 2 - feb movie $9.50 2 - feb groceries $140.16 3 - feb gasoline $35.52 5 - feb streaming subscription $17.80 b 8 - feb paycheck - direct deposit $295.20 10 - feb retail purchase $43.47 c marias beginning balance on february 1st was $0. what is her balance at (a)? note that values in red are deductions. $237.70 a what is marias balance at (b)? 70.72 a what is marias balance at (c)? a

question 1 (10 points) saved use the information in this list of transactions to determine marias balance at a, b, and c. marias checking account transactions date transaction expenditure income or withdrawal balance 1 - feb paycheck - direct deposit $295.20 1 - feb atm cash & fee ($21.50) a 2 - feb movie $9.50 2 - feb groceries $140.16 3 - feb gasoline $35.52 5 - feb streaming subscription $17.80 b 8 - feb paycheck - direct deposit $295.20 10 - feb retail purchase $43.47 c marias beginning balance on february 1st was $0. what is her balance at (a)? note that values in red are deductions. $237.70 a what is marias balance at (b)? 70.72 a what is marias balance at (c)? a

Answer

Explanation:

Step1: Calculate balance at A

Initial balance is $0$. Income of $295.20$ and then withdrawal of $21.50$. So, $0 + 295.20-21.50$ $= 273.70$

Step2: Calculate balance at B

Balance at A is $273.70$. Then total expenditures are $9.50 + 140.16+35.52 + 17.80=202.98$. So, $273.70-202.98$ $= 70.72$

Step3: Calculate balance at C

Balance at B is $70.72$. Then income of $295.20$ and expenditure of $43.47$. So, $70.72 + 295.20-43.47$ $= 322.45$

Answer:

A: $273.70$ B: $70.72$ C: $322.45$