Question

maggie noticed that her financial record is missing information. she recalls that on october 15th, she purchased gasoline in the amount of $32.51 and on october 16th, she and her friends went out for dinner, where she spent $25.62. given this information, and the image below, determine her balance as of october 20th

date	description	transaction amount (-)	deposit amount (+)	balance
10/5	deposit – paycheck		$162.32	$413.42
10/14	transfer to checking	$353.29		$60.13
10/25	deposit – tuition re-imbursement		$110.16	$170.29
10/30	transfer to checking	$50.13		$120.16

a $112.16
b $62.03
c $27.62
d $2.00

Explanation:

Step1: Start with 10/14 balance

$\$60.13$

Step2: Subtract 10/15 gasoline cost

$\$60.13 - \$32.51 = \$27.62$

Step3: Subtract 10/16 dinner cost

$\$27.62 - \$25.62 = \$2.00$

Step4: Add 10/25 tuition reimbursement

$\$2.00 + \$110.16 = \$112.16$

Answer:

a. $\$112.16$