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2970+155.331-3000\times 0.05
Multiply 2970 and 0.0523 to get 155.331.
3125.331-3000\times 0.05
Add 2970 and 155.331 to get 3125.331.
3125.331-150
Multiply 3000 and 0.05 to get 150.
2975.331
Subtract 150 from 3125.331 to get 2975.331.