Problem $7-41($LO $7-2)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

John bought $1,100$ shares of Intel stock $($Nasdaq: INTC$)$ on October $18,2019,$ for $$32$ per share plus a $$750$ commission he paid to his broker. On December $12,2023,$ he sells the shares for $$45\mathrm{.}50$ per share. He also incurs a $$1,000$ fee for this transaction.

Problem $7-41$ Part b $($Algo$)$

b$.$ What amount does John realize when he sells the $1,100$ shares?

Amount realized