Midtown Antiques has found that sales have decreased 5% from last year. Sales this year are $108,665. To the nearest dollar, find the amount of last year's sales.

A 5% decrease means this year’s sales are 95% of last year’s sales. Divide $108,665 by 0.95 to find last year’s sales: $108,665 ÷ 0.95 ≈ $114,384.21. Rounded to the nearest dollar, the answer is $114,384, choice b.

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