Solve the Problem A)$443765
B)$4534

Multiple Choice

Solve the problem.
-The following information on Company X appears in a stock table. Find the amount received by the seller of 140 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) $4437.65
B) $4534.53
C) $4454.83
D) $4454.97