A vendor reduces an item listed at $140 on july 1st by 20%, Accounting Basics

A vendor reduces an item listed at $140 on July 1st by 20%, and then reduces it another 25% on September 1st. What is the sale price of the good after the last reduction?
A. $77.00

B. $84.00

C. $92.00

D. $108.50

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