An investor currently holds the following portfolio:

8,000 shares of Stock A, worth $15,000; Beta = 1.3

15,000 shares of Stock B, worth $49,000; Beta = 1.9

25,000 shares of Stock C, worth $95,000; Beta = 2

The investor is worried that the beta of his portfolio is too high, so he wants to sell some stock C and add stock D, which has a beta of 1, to his portfolio.

If the investor wants his portfolio to have a beta of 1.74, he must replace $ __000 stock C with stock D.

Note: Enter the first two digits of your answers. The thousands are already in the answer.