Ron Prentice bought goods from Shelly Katz. On Feb. 20, Shelly gave Ron a time extension on his bill by accepting a $2,736, 10%, 175-day note. On May 20, Shelly discounted the note at Roseville Bank at 8%. (UseDays in a year table.)

What proceeds does Shelly Katz receive?(Use 360 days a year. Do not round intermediate calculations.Round your answer to the nearest cent.)

Proceeds received