Acme Company has an agreement with a major credit card company which calls for cash to be received immediately upon deposit of Acme customers' credit...

Acme Company has an agreement with a major credit card company which calls for cash to be received immediately upon deposit of Acme customers' credit card sales receipts. The credit card company receives 3.5% of card sales as its fee. If Acme has $2,000 in credit card sales, which of the following statements is true?