Find the Sales Tax for the Item Using a Sales $\$ 29.59$

Multiple Choice

Find the sales tax for the item using a sales tax rate of 5%. Table saw, $147.95

A) $\$ 29.59$
B) $\$ 7.40$
C) $\$ 140.55$
D) $\$ 14.06$
E) $\$ 2.96$