How do i solve this?
Universal Waste Disposal sold 1,350,000 shares of stock at $24.62 per share. The investment banker's commission was 5% of the value of the stock. Accounting fees were $450,000, legal fees were $1,225,000, printing costs were $275,000, and other selling expenses were estimated to be $300,000. To the nearest dollar, what net proceeds did Universal Waste Disposal receive?

Question

How do i solve this?
Universal Waste Disposal sold 1,350,000 shares of stock at $24.62 per share. The investment banker's commission was 5% of the value of the stock. Accounting fees were $450,000, legal fees were $1,225,000, printing costs were $275,000, and other selling expenses were estimated to be $300,000. To the nearest dollar, what net proceeds did Universal Waste Disposal receive?

greatlife44 · Answer

Well first 

$$ 1,350,000~shares*$24.62 = (total~revenue)$$

greatlife44 · Answer

$$Profit = Revenue - Costs $$

greatlife44 · Answer

$$Total Revenue - ((300,000+275,000+450,000+1,225,000+(1,350,000*0.05))$$

anonymous · Answer

Oh!!! thank you so much!