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A student prepared the following spreadsheet model to calculate the final price of clothing items...

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Accounting

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A student prepared the following spreadsheet model to calculate the final price of clothing items which are sold at a discount. To be complete, the student included a calculation of sales tax in the final price, given the original price (120), discount (0.23), and sales tax rate (0.09) shown below. A B 1 2 Original Price 3 Discount(%) 4 Discount ($) 5 Net Price 6 Sales Tax(%) 7 Sales Tax ($) 8 Final Price 120 0.23 = B2 x B3 = B2 - B4 0.09 = ROUND (B5 x B6,2) = ROUND (B5 + B7,2) Determine what values the spreadsheet should display. (Round your answer to 2 decimal places.) Cell Value B4 (Discount in dollars) B5 (Net Price) B7 (Sales tax in dollars) B8 (Final Price)

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