Kevin is the financial manager of Levingston BMW. The shop allows employees to purchase up to two vehicles per year at a discount. Levingston's average gross profit percentage is 15 percent. This year Kevin purchased a 530 model and a new M3.ModelFMVDealer costEmployee Price530$63,000$50,000$54,000M3$70,000$60,000$57,000What amount must Kevin include in income?

A. $2,950.
B. $0.
C. $22,000.
D. $2,500.


Answer: D

Business

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