Please answer both parts (:

Use the information below to answer questions 29 and 30.

RM Inc. sponsors a collector car auction during the first week in November, 2021. Owners of collector cars who wish to sell them at the auction consign their vehicles to RM for an entrance fee of $700. If the cars are sold, the car owners receive the selling price less a 5% commission on the selling price. During the auction, RM sold 1,500 vehicles for a total selling price of $140,000,000. Buyers of the vehicles pay the selling price plus a 10% surcharge to RM. 160 vehicles were not sold at the auction and were returned to their owners.

1. What is RMs total revenue from the auction?

1. $22.050,000.
2. $22,162,000.
3. $22,212,000.
4. $22,150,000.

2. What is the amount that RM owes to the consignors?

1. $135,000,000.
2. $136,000,000.
3. $133,000,000.
4. $131,000,000.