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You purchased 100 shares of MegaCorp for $17 per share four months ago. The brokerage fee was 4% of the total dollar amount of

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You purchased 100 shares of MegaCorp for $17 per share four months ago. The brokerage fee was 4% of the total dollar amount of the purchase. Today you sold the shares for $23.50 per share. Brokerage fees were 4% of the total sale value. If you are in the .28 marginal tax bracket, how much tax do you owe (rounded to the nearest dollar) on the capital gain? Hint: Because this is a short term investment [less than one year], you will utilize the marginal tax bracket of .28 instead of using long term capital gains rate. O $1,768 O $2,256 $137 $199

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