Solve the problem.
-The following information on Company X appears in a stock table. $Solve the problem. -The following information on Company X appears in a stock table. Find the amount received by the seller of 740 shares of Company X at the day's closing price. Deduct sales expenses which consist of the broker's commission and SEC fee. Assume that the Transaction is broker-assisted and that the discount broker's commissions are as follows: \begin{array}{l|l} \text { Principal Amount } & \text { Commission } \\ \hline \text { Up to } \$ 2499.99 & \$ 35+1.7 \% \text { of principal } \\ \$ 2500.00-\$ 6249.99 & \$ 65+0.66 \% \text { of principal } \\ \$ 6250.00-\$ 19,999.99 & \$ 76+0.34 \% \text { of principal } \end{array} A) \$ 24,028.05 B) \$ 24,252.64 C) \$ 24,319.97 D) \$ 24,319.23$ Find the amount received by the seller of 740 shares of Company X at the day's closing price. Deduct sales expenses which consist of the broker's commission and SEC fee. Assume that the
Transaction is broker-assisted and that the discount broker's commissions are as follows:

\begin{array}{l|l}\text { Principal Amount } & \text { Commission } \\\hline \text { Up to } \$ 2499.99 & \$ 35+1.7 \% \text { of principal } \\\$ 2500.00-\$ 6249.99 & \$ 65+0.66 \% \text { of principal } \\\$ 6250.00-\$ 19,999.99 & \$ 76+0.34 \% \text { of principal }\end{array}

\$ 24,028.05

\$ 24,252.64

\$ 24,319.97

\$ 24,319.23

Solve the Problem. -The Following Information on Company X Appears in a Stock

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