Jorge sold 200 shares of Pacific stock at $21; 300 shares of Atlantic stock at $32; and 100 shares of Inland stock at $42. Commission charges were $0.20 per share. Compute the proceeds of the sale.​

Commission Charges

Fees paid to an agent or company for facilitating a transaction, often a percentage of the transaction value.

Proceeds

The amount that a seller receives from the buyer of a note being discounted; the difference between the maturity value and the discount amount. In a stock transaction, the proceeds received by the seller are equal to the selling price minus the commission.