Can you please help me with number 4 please?

Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds?

A.  

$8,900

B.  

$8,500

C.  

$8,288

D.  

$8,100

Step-by-step explanation:

#platofam