To determine the current balance of the store, we need to understand the initial balance and the loss incurred during the month.
1. The initial balance of the store at the beginning of the month is [tex]\(-\$554\)[/tex]. This means the store was already in debt or had a deficit of \[tex]$554.
2. During the month, the store experienced an additional loss of \$[/tex]600.
To find the current balance, we need to combine these two amounts, taking into account that both amounts contribute to the overall deficit.
[tex]\[ \text{Current Balance} = \text{Initial Balance} - \text{Loss}\][/tex]
Substituting the values from the problem:
[tex]\[ \text{Current Balance} = -\$554 - \$600\][/tex]
When you subtract \[tex]$600 from an already negative balance of -\$[/tex]554, the result is:
[tex]\[ -\$554 - \$600 = -\$1154\][/tex]
Therefore, the current balance of the store is [tex]\(-\$1154\)[/tex].
The best answer to the question is:
B. [tex]\(-\$1154\)[/tex]
