$52556.40
Step-by-step explanation:
Price per share = $112.30
Number of shares = 450
Cost of the shares = 450 Γ $112.30 = $50535
Since there is a 4% commission, the total cost of the purchase will be:
= $50535 + (4% Γ $50535)
= $50535 + (0.04 Γ $50535)
= $50535 + $2021.40
= $52556.40