Brief Exercise $4-5($Algo$)$ Determine cash sales $($LO$4-4)$

During the year, the following sales transactions occur. There is a charge of $3\%$ on all credit card transactions and a $1\%$ charge on all

debit card transactions.

Total cash sales $=$$$420,000$

Total check sales $=$$$270,000$

Total credit card sales $=$$$520,000$

Total debit card sales $=$$$120,000$

Calculate the amount recorded as cash receipts from these transactions.