Answer:
$1,800
Step-by-step explanation:
Given
Total revenue last year = $2,800
If they spent 1/4 of their revenues on marketing;
Amount spent on marketing = 1/4 * 2800
Amount spent on marketing = $700
Remaining money = 2800 - 700
Remaining money = $2100
If 1/7 of the remaining money is spent on upgrading their facilities, then;
Amount spent on upgrading facilities = 1/7 * 2100
Amount spent on upgrading facilities = $300
Total amount spent on marketing and facilities = $700 + $300
Total amount spent on marketing and facilities = $1000
Amount left = $2,800 - $1,000
Amount left = $1,800
