Answer :
Dealer's cost + 5% = 23,727.90
(1 + .05) dealer's cost = 23,727.90
Dealer's cost = 23.727.90 / 1.05 = 22,598
(1 + .05) dealer's cost = 23,727.90
Dealer's cost = 23.727.90 / 1.05 = 22,598