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Pat is in the 1 5 % dividends and capital gains taxes and 3 5 % ordinary income taxes. Four years ago an exchange -

Pat is in the 15% dividends and capital gains taxes and 35% ordinary income taxes. Four years ago an exchange-traded fund (ETF) was set-up with 2 million shares of 13 stocks at an average price of $19 a share. The ETF issued 41 million shares. None of the original shares have been sold or redeemed. In March, Pat purchased 182,000 shares at $21.98 a share and sold them in October for $27.92 a share. What are the taxes on this transaction?
Round the answer to two decimal places.
Answer: 1,572

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