Denim Corporation declares a nontaxable dividend payable in rights to subscribe to common stock. One right and $$60$ entitle the holder to subscribe to one share of stock. One right is issued for every two shares of stock owned. At the date of distribution of the rights, the market value of the stock is $$110$ per share and the market value of the rights is $$55$ per right. Lauren owns $300$ shares of stock that she purchased two years ago for $$9,000.$ Lauren receives $150$ rights, of which she exercises $105$ to purchase $105$ additional shares. She sells the remaining $45$ rights for $$2,475.$