Round each answer to the nearest cent (2 decimal places) 1. Barry Kato owned 400 shares of stock in a car company. He paid a total of $11,580.00 for the stock.
He sold the stock for $29.50 per share and paid a commission of 1% of the selling price.
a. What was the amount of the sale?
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b. What was the net sale?
c. What was the Profit or Loss? (Circle here Profit or Loss)