A certain company divides its total advertising budget into television, radio, newspaper, and magazine budgets in the ratio of 8 : 7 : 3 : 2, respectively. How many dollars are in the radio budget?
(1) The television budget is $18,750 more than the newspaper budget.
(2) The magazine budget is $7,500.
Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
EACH statement ALONE is sufficient.
Statements (1) and (2) TOGETHER are NOT sufficient.