7. After consulting with his broker, Don Hochstetler purchases
2,000 shares of Fallon Energy stock at $20.10 per share. He
also purchased 1,500 shares of MacWord Scientific at $56.24
per share. The commission is 0.1% of the cost of the stock.
a. What was the cost of the Fallon Energy stock?
b. How much was the commission?
c. What is the total value of the stocks including the
commission?