Answer:
The answer is the second option. I shouted, "That hurts!".
the exclamation point goes inside of the quotation marks if it is part of the quotation or what is being said. The puncuation goes outside of the quotation marks if it is NOT part of the quotation or what is being said.
example;
- I shouted, "That hurts!" (part of sentence so it goes INSIDE
- He said, "Yes."! (NOT part of the sentence (what is being said) so it goes OUTSIDE.