Use the Five-Step Strategy for Solving Word Problems to Find $13 \%$

Multiple Choice

Use the five-step strategy for solving word problems to find the number or numbers described in the following
exercise.
-After a $13 \%$ price reduction, a boat sold for $\$ 22,620$ . What was the boat's price before the reduction? (Round to the nearest cent, if necessary.)

A) $\$ 26,000$
B) $\$ 2940.60$
C) $\$ 174,000.00$
D) $\$ 25,560.60$