Karim has two investments, one in Company A, and another in Company B. Karim purchased 3,000 shares in company A at $2.65 per share. Since purchasing the shares, the price per share increased to $2.95 per share, after which point Karim decided to sell, realizing a profit. At the same time, Karim purchased 2,000 shares in Company B at $1.55 per share. Since purchasing the shares, the share price fell to $1.30 per share, after which Karim decided to sell the shares, suffering a loss. Karim is required to pay tax at a rate of 28% on the combined profit from both investments. Calculate how much tax Karim must pay.

Respuesta :

Answer:

A:$2478

B:$728

Total:$3206

Step-by-step explanation:

2.95x3000=8850

1.30x2000=2600

8850x0.28=2478

2600x0.28=728

2478+728=3206