A. Statement (1) ALONE is sufficient, but Statement (2) alone is not sufficient to answer the question asked.
B. Statement (2) ALONE is sufficient, but Statement (1) alone is not sufficient to answer the question asked.
C. Both Statements (1) and (2) TOGETHER are sufficient to answer the question asked; but NEITHER statement ALONE is sufficient.
D. EACH statement ALONE is sufficient to answer the question.
Explanation: Let \(s\) be the sales booked and \(c\) be the commission. From the stem: \(c = 0.03s\). The question asks for \(s\). **Statement 1:** \(s - c = 245,000\). Substitute \(c = 0.03s\) into the equation: \(s - 0.03s = 245,000\). \(0.97s = 245,000\). \(s = \frac{245,000}{0.97}\). This is a single linear equation with one variable, so a unique value for \(s\) can be found. **Sufficient.**. **Statement 2:** The selling price (\(s\)) was 125 percent of the original purchase price of \$225,000. \(s = 1.25 \times 225,000\). \(s = 281,250\). This statement directly gives a unique value for \(s\). **Sufficient.**. Since EACH statement ALONE is sufficient, the answer is D.