Alice Kruse purchased 1,000 shares of Kendall Corporation for $22.50 per share and paid a total commission of $575. The current price of the stock is $25 per share. Last year, Alice received dividends of $880.

What was her total cost to purchase stocks?

What is her current profit?

Mike Welch purchased 5,000 shares of Grass Roots stock for $82 per share and paid a commission of 1% on the purchase price. The current value of the stock is $96 per share. Mike received no dividends last year.

What was his total profit?