The company warehouse contains 100 pallets of office paper, 25 pallets of photo paper, and 50 pallets of card stock. Each pallet of office paper is valued at $96, each pallet of photo paper is valued at $180, and each pallet of card stock is valued at $110.
Your partner is calculating the inventory value of these papers but thinks there is an error. Where in the calculations below is the error?
Step Description Result
1 Multiply 100 by $96 $ 9,600
2 Multiply 25 by $180 $ 4,500
3 Add $13,100
4 Multiply 50 by $110 $ 5,500
5 Add $18,600
A. Step 1
B. Step 2
C. Step 3
D. Step 4
E. Step 5