Ted begins the month with a checking account balance of $1,400. He writes five checks: one for $350.45, one for $200.01, one for $11.53, one
for $68.10, and one for $177.37. He makes two deposits, each for $450. His
bank charges him a $0.25 fee for each check she writes. He also pays a
monthly account fee of $5.00. What is the balance of Ted's account at the
end of the month?*
$1,486.29
$1,325.76
O $1,401.12
$1,509.34