Listing broker Linda Switts commissions with cooperating broker Cindy on a 6040 basis with 60% retained by the listing company the cooperative selling brokerage splits with the selling salesperson. What does the selling sales person earn if the sale price is 295,000 and then negotiated commission rate was 5.5%?

A) $1947
B) $4543
C) $6490
D) $6815

Answer: B) $4543
295,000 x 0.055 x 0.4 x 0.7