On January1, 2017

2017, SimonLove's portfolio of 15 common stocks had a market value of

$262,000. At the end of May 2017

2017, Simon sold one of thestocks, which had abeginning-of-year value of $

$26,900, for

$31,000. He did not reinvest those or any other funds in the portfolio during the year. He received total dividends from stocks in his portfolio of

$11,300 during the year. On December31, 2017

2017, Simon's portfolio had a market value of

$249,000. Find the HPR onSimon's portfolio during the year ended December31, 2017

2017. (Measure the amount of withdrawn funds at theirbeginning-of-year value.)