Sports Spectacular purchased $1,900$ shares $(8\%)$ of stock in The Athletic Warehouse for $$30$ per share. By the end of the year, the stock price has increased to $$32$ per share. How would the change in stock price affect Sports Spectacular's net income?

Multiple Choice

Increase net income by $$60,800.$

Increase net income by $$57,000.$

Increase net income by $$3,800.$

No effect.