Zane Enterprises accepts a credit card as payment for $500 of services provided to a customer. The credit card company charges a 4% handling charge for its collection services. Based on this information
a. Zane will collect $500 cash from the credit card company.
b. Zane will pay the credit card company $500 cash.
c. Zane will collect $480 cash from the credit card company.
d. Zane will pay the credit card company $480 cash.
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