you are the treasurer for a local charity. at the beginning of the month the account balance for the charity…

you are the treasurer for a local charity. at the beginning of the month the account balance for the charity is $5,300. during the month the charity receives $500, $900 and $600 donations from industry and $50, $10, $100 and $150 donations from private sources. if the charity spends $2,200 during the month what is the balance at the end of the month?\na) $4,790\nb) $5,410\nc) $5,610\nd) $7,460
Answer
Explanation:
Step1: Calculate total industry donations
$500 + 900+600=2000$
Step2: Calculate total private - source donations
$50 + 10+100 + 150=310$
Step3: Calculate total donations
$2000+310 = 2310$
Step4: Calculate end - of - month balance
$5300+2310 - 2200=5410$
Answer:
B. $5,410$