Each week a certain salesman is paid a fixed amount equal to $300, plus a commission equal to 5 percent of the amount of his sales that week over $1,000. What is the total amount the salesman was paid last week?
(1)The total amount the salesman was paid last week is equal to 10 percent of the amount of his sales last week.
(2)The salesman's sales last week totaled $5,000.
(1)The total amount the salesman was paid last week is equal to 10 percent of the amount of his sales last week.
(2)The salesman's sales last week totaled $5,000.