Answer:
$7.32K or $ 7,320 and $5.7098K or $5,709.8
Explanation:
Colby total sales : 14K
Week I: $35 K
week 2: $14 K
week 3: $24 K
week 4: $39 K
Total sales were $122 K($ 35+14+24+39)
Straight commissions total are 6% of all sales
=6/100 x $122
= $7.32K or $ 7,320
the total after taxes
The tax rate is 22%
Actual tax = 22/100 x $7.32
=0.22 x $7.32
=$1.6106
After tax = 7.32- 1.6102
=$5.7098K or $5,709.8
