Underwriter spread of stock is $17000 and net proceeds of stock are $24000 then gross proceeds are

Underwriter spread of stock is $17000 and net proceeds of stock are $2

1.	Underwriter spread of stock is $17000 and net proceeds of stock are $24000 then gross proceeds are
A.	41,000
B.	7,000
C.	17,000.00
D.	24,000
Answer» B. 7,000