Solve the Problem A) $\$ 24,028.05$ B) $\$ 24,252.64$ C) $\$ 24,319.97$ D) $\$ 24,319.23$

Multiple Choice

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) $\$ 24,319.23$