SocialToast5507 SocialToast5507

13-02-2024
Business

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Stone Real Estate has a 100% commission plan. The firm charges licensees $800 per month for office space and supplies. Gary completed two sales this month - a $125,000 sale at 6% and a $90,000 sale at 7%. What was Gary's net income for the month after expenses?
a. $6,300
b. $7,500
c. $13,000
d. $13,800

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