A salon owner's credit card sales for a week were \( \$ 8587.88 \). During the same period, she had \( \$ 551.43 \) in credit refunds and she paid fees of \( 3 \frac{1}{2} \% \) on the net credit-card sales. The balance at the beginning of the week was \( \$ 4485.65 \). Check: outstanding were \( \$ 758.59, \$ 39.65, \$ 1681.65, \$ 147.73, \$ 2321.19, \$ 72.77, \$ 3582: 12, \$ 782.15 \), and \( \$ 300 \). She had credit-card and bank deposits of \( \$ 462.43, \$ 777.08, \$ 487.15, \$ 1290.78, \$ 622.81 \), and \( \$ 1442.32 \) that were not recorded. Answer parts 1 through 5 . 1. Find the net deposit given the credit-card sales and refunds. The net deposit given credit-card sales and refunds is \( \$ \square \). 2. Find the fee on the net credit-card sales. The fee on the net credit-card sales is \( \$ \square \). (Type an integer or a decimal rounded to two decimal places as needed.) 3. What is the total of the checks outstanding? The total of the outstanding checks is \( \$ \square \). 4. Find the total of the deposits that were not recorded. The total of the deposits that were not recorded is \( \$ \square \). 5. Find the current balance in the account. The current balance in the account is \( \$ \square \).

We are given the following information: • Credit‐card sales:         $8,587.88 • Credit refunds:            $551.43 • Fee rate on net credit‐card sales: 3½% (that is 3.5%) • Beginning bank balance:      $4,485.65 • Outstanding checks (each amount in dollars): 758.59, 39.65, 1,681.65, 147.73, 2,321.19, 72.77, 3,582.12, 782.15, and 300.00 • Deposits not recorded (each amount in dollars): 462.43, 777.08, 487.15, 1,290.78, 622.81, and 1,442.32 We will now work step‐by‐step. ─────────────────────────────── Step 1. Net Deposit from Credit‐Card Sales and Refunds The net deposit from credit-card activity (before fees) is simply the sales minus the refunds:   Net deposit = $8,587.88 – $551.43          = $8,036.45 Answer for Part 1: $8,036.45 ─────────────────────────────── Step 2. Fee on the Net Credit‐Card Sales The fee is 3.5% of the net deposit. Compute:   Fee = 0.035 × $8,036.45     = $281.27575 Rounded to two decimals, the fee is $281.28. Answer for Part 2: $281.28 ─────────────────────────────── Step 3. Total of the Outstanding Checks List of outstanding checks:   758.59, 39.65, 1,681.65, 147.73, 2,321.19, 72.77, 3,582.12, 782.15, 300.00 Now add them:   First group: 758.59 + 39.65 = 798.24   Add next: 798.24 + 1,681.65 = 2,479.89   Add next: 2,479.89 + 147.73 = 2,627.62   Add next: 2,627.62 + 2,321.19 = 4,948.81   Add next: 4,948.81 + 72.77 = 5,021.58   Add next: 5,021.58 + 3,582.12 = 8,603.70   Add next: 8,603.70 + 782.15 = 9,385.85   Add last: 9,385.85 + 300.00 = 9,685.85 Answer for Part 3: $9,685.85 ─────────────────────────────── Step 4. Total of the Unrecorded Deposits List of deposits not recorded:   462.43, 777.08, 487.15, 1,290.78, 622.81, 1,442.32 Now add these amounts:   First: 462.43 + 777.08 = 1,239.51   Then: 1,239.51 + 487.15 = 1,726.66   Then: 1,726.66 + 1,290.78 = 3,017.44   Then: 3,017.44 + 622.81 = 3,640.25   Then: 3,640.25 + 1,442.32 = 5,082.57 Answer for Part 4: $5,082.57 ─────────────────────────────── Step 5. Find the Current Balance in the Account To compute the current balance, consider the following: 1. Start with the beginning bank balance:    $4,485.65 2. Add the deposit from the credit-card sales. Note that the actual credit-card deposit will be the net deposit minus the fee:   Credit-card deposit = Net deposit – Fee             = $8,036.45 – $281.28             = $7,755.17 3. Add the deposits that were not recorded:    + $5,082.57 4. Subtract the total of the outstanding checks:  – $9,685.85 Now, sum these in order:   Step A: Beginning balance + credit-card deposit       = $4,485.65 + $7,755.17       = $12,240.82   Step B: Add the unrecorded deposits       = $12,240.82 + $5,082.57       = $17,323.39   Step C: Subtract the outstanding checks       = $17,323.39 – $9,685.85       = $7,637.54 Answer for Part 5: $7,637.54 ─────────────────────────────── Final Answers: 1. Net deposit given credit‐card sales and refunds:  $8,036.45 2. Fee on the net credit‐card sales:           $281.28 3. Total of the outstanding checks:           $9,685.85 4. Total of the deposits that were not recorded:     $5,082.57 5. Current balance in the account:           $7,637.54