Kim placed an order with her broker for 650 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $29. The number of shares allocated to Kim along with the closing prices on the first trading day are:

Stock		Shares Allocated				Price
A			650			$	28.15
B			420				32.86
C			360				35.43

What is Kim's total profit on these three stocks at the end of the first day of trading?

Multiple Choice

• $4,759.75

• $3,866.90

• $1,762.30

• $3,383.50

• $6,136.00