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Simple if/then/else formula in Crystal -- why getting error message?

By sarahc ·
This is the formula:

IF {Prt.Prt_Participation}="xx" THEN "$250,000" else
IF {Prt.Prt_Participation}="xxx" THEN "$80,000" ELSE
IF {Prt.Prt_Participation}="xxxx" THEN "$300,000" ELSE
IF {Prt.Prt_Participation}="xxxxx" THEN $100,000" ELSE
IF {Prt.Prt_Participation}="x" THEN "$35,000"

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