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A stock is currently selling for $ 4 0 . 0 0 a share. What is the gain or loss on the follow ing transactions?

A stock is currently selling for $40.00 a share. What is the gain or loss on the follow ing transactions? Use a minus sign to enter the amount as a negative value. Round your answers to the nearest cent.
You take a long position and the stocks price declines to $28.85.
$
You sell the stock short and the price declines to $28.85.
$
You take a long position and the price rises to $43.65.
$
You sell the stock short and the price rises to $43.65.
$

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