Your client, Don Green, is utilizing a value averaging approach with his quarterly mutual fund purchases. The goal is to increase the account value by $1,000 each quarter. He has the following transactions:

Based on this information, what is the dollar amount Don should invest in month 4?

(A)

$1,000.00

B)

$1,162.10

C)

$943.52

D)

$837.90

Month 1 4 Price per Share 10.000 11.621 Amount Invested $1,000 # of Shares Bought 100.000 # of Shares Owned 100.000 Total Invested $1,000 Total Value $1,000