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15. On May 1, you sold short one round lot (i.e., 100 shares) of Zenith stock at $14 per share. On July 1, a dividend

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15. On May 1, you sold short one round lot (i.e., 100 shares) of Zenith stock at $14 per share. On July 1, a dividend of $2 per share was paid. On August 1 , you covered the short sale by buying the stock at a price of $9 per share. You paid 50 cents per share in commissions for each transaction. What is the value of your account on August 1

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