note: please make sure to properly format your answers. all dollar figures in the answers need to include…

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06). account information account number 4 - 10700000 billing date 30 may payment due 8 jun transactions debits / credits (-) 9 may 3291684271 fanelli furs $975.00 12 may 594683219 brooklyn pets $32.50 15 may 7677095385 maple garage $178.21 18 may 8765713281 payment -$150.00 21 may $41.53 summary previous balance payments / credits new purchases late charge finance charge new balance minimum payment $420.50 -$150.00 $1,227.24 $0.00 $19.80 $1,517.54 $30.00 total credit line $3,000.00 average daily balance # days in billing cycle apr monthly periodic rate total available credit $1,861.51 $1,199.97 30 19.8% 1.65% what is the sum of all purchases made during the billing cycle?

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06). account information account number 4 - 10700000 billing date 30 may payment due 8 jun transactions debits / credits (-) 9 may 3291684271 fanelli furs $975.00 12 may 594683219 brooklyn pets $32.50 15 may 7677095385 maple garage $178.21 18 may 8765713281 payment -$150.00 21 may $41.53 summary previous balance payments / credits new purchases late charge finance charge new balance minimum payment $420.50 -$150.00 $1,227.24 $0.00 $19.80 $1,517.54 $30.00 total credit line $3,000.00 average daily balance # days in billing cycle apr monthly periodic rate total available credit $1,861.51 $1,199.97 30 19.8% 1.65% what is the sum of all purchases made during the billing cycle?

Answer

Explanation:

Step1: Identify purchase - related transactions

Transactions with positive amounts (debits) are purchases.

Step2: Sum up the purchase amounts

We have purchases of $975.00, $32.50, $178.21 and $41.53. $975.00 + 32.50+178.21 + 41.53=$1,227.24$

Answer:

$1,227.24$