3. Shawn Daily was given a gift of Giggle stock by his uncle several years ago at a price of $41.35 per share. Giggle sells today for $66.75 per share. Shawn is taxed on capital gains at the rate of 24%, and is taxed on dividends at the rate of 25%. Shawn uses the dividends from Giggle to meet certain expenditures, and is disappointed to learn that Giggle will forego a dividend this year. To counteract the decision by Giggle, Shawn sells 24 shares of Giggle stock. How much of the total amount of proceeds from those shares will Shawn get to keep? $ Place your answer in dollars and cents without a comma or dollar sign.

4. Nelson bought 1000 shares of Giggle stock at its IPO price of $240. The stock is currently trading at $302 when he decides to sell 100 shares. Although the stock price has risen, Giggle has never paid a dividend. If capital gains are taxed at 20% and dividends are taxed at 25%, how much of the total proceeds from the sale will Nelson get to keep?

		$4650
		$28,650
		$4960
		$28,960