Two years ago, you purchased $203$ shares of IBM stock for $$147$ a share. Today, you sold your IBM stock for $$150$ a share. For this

problem, ignore commissions that would be charged to buy and sell your IBM shares and dividends you might have received as a

shareholder.

a$.$ What is the amount of profit you earned on each share of IBM stock?

b$.$ What is the total amount of profit for your IBM investment?