A certain company had a total annual expenditure of 1.47∗10^7 on employee salaries last year. If the company employed 420 people, what was the average employee salary? Choose the correct choice from the following:
A) $20,000 B) $25,000 C) $35,000 D) $40,000 E) $45,000
Given: Total annual expenditure of 1.47∗10^7 on employee salaries   Total employees = 420   Observe that  420*3.5= 
<gadget id="calculator"> 420*3.5</gadget>
<output>1_470</output>
1470   Therefore try to bring the numerator in terms of 1470   Average salary= (1470*10^4) /420 = 3.5*10^4 = 35,000   Option $35,000
<result>C</result>
A certain company had a total annual expenditure of 1.47∗10^7 on employee salaries last year. If the company employed 420 people, what was the average employee salary?