Solve the problem.The following information on Company X appears in a stock table. Find the amount received by the seller of 1400 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 automated (online) and that the discount broker's commissions are as follows, using Firm B: ?

A. $47,168.96
B. $47,171.00
C. $47,180.00
D. $47,170.00


Answer: A

Mathematics

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