Alfonso owes $464.98 on his credit card. He returns two items, one for $48.97 and the other for $53.09. Then he makes purchases of $34.27 and $31.37. What is the new balance on the card?

He starts with $464.98. If he returns two items, it refunds it in his account ($464.98 + $48.97 + $53.09 = $567.04) Then he purchases with deducts it form his account ($567.04 - $34.27 - $31.37 = $501.40) and $501.40 is his new balance