Wuttke Corp. wants to raise $$4,195,000$ via a rights offering. The company currently has

$820,000$ shares of common stock outstanding that sell for $$52$ per share. Its underwriter has set a

subscription price of $$32$ per share and will charge Wuttke a $6$ percent spread. If you currently

own $7,000$ shares of stock in the company and decide not to participate in the rights offering, how

much money can you get by selling your rights?