Currently you have $120.00 in cash and 1000 shares of Stock Y in your brokerage account. You plan to sell your 1000 shares of Stock Y and use the proceeds to purchase as many shares of Stock X as possible. Assume you cannot borrow or buy partial shares of stock; you will also buy or sell at the best price offered. Based on the quotes provided, the cash balance in your brokerage account after you purchase the shares of Stock X is closest to:

A. $(60.89) B. $59.11 C. $87.95 D. $89.24 E. $106.10

Use the following exchange quotes to help answer problems 18-19. NYSE NASDAQ Bid Ask Bid Ask Company Y mpom $ 127.88 | $ 128.12|$ 127.70 | $ 128.30