500
Ronald Dowd receives an annual base salary of $47,500 as a salesman in the Southern region, which has an annual sales quota of $450,000. For all sales over this quota, Dowd receives a commission of 4½%. For the current year, sales in the Southern region total
$698,000. The amount of salary and commissions due is:
What is:
[$47,500 + ($248,000 × .045)] = $58,660