To determine Alison Romike's account balance at the end of August, we need to perform the following calculations:
-
Start with the initial balance:
- Initial Balance: $916.09
-
Calculate total check payments:
- Checks:
- $34.06
- $23.54
- $4.32
- Total Checks: \[ 34.06 + 23.54 + 4.32 = 61.92 \]
- Checks:
-
Calculate total deposits:
- Deposits:
- $84.39
- $112.06
- Total Deposits: \[ 84.39 + 112.06 = 196.45 \]
- Deposits:
-
Calculate the ending balance:
- Ending Balance = Initial Balance - Total Checks + Total Deposits \[ \text{Ending Balance} = 916.09 - 61.92 + 196.45 \] \[ = 916.09 - 61.92 = 854.17 \] \[ = 854.17 + 196.45 = 1050.62 \]
Therefore, Alison Romike's account balance at the end of August is $1,050.62.