Nelson bought 1000 shares of Giggle stock at its IPO price of $240. The stock is currently trading at $302 when he decides to sell 100 shares. Although the stock price has risen, Giggle has never paid a dividend. If capital gains are taxed at 20% and dividends are taxed at 25%, how much of the total proceeds from the sale will Nelson get to keep?

$4650

$4960

$28,650

$28,960