Answer:
c) The seller's share of $2,525.76
Explanation:
The computation is shown below:
= Due amount × given number of days ÷ total number of days in a year
where,
Due amount is $3,200
Given number of days is calculated from Jan 1 to October 15 i.e
= 31 days in January + 28 days in February + 31 days in March + 30 days in April + 31 days in May + 30 days in June + 31 days in July + 31 days in August + 30 days in September + 15 days in October
= 288 days
So, the amount is
= $3,200 × 288 days ÷ 365 days
= 2,524.93
i.e 2,525.76
