A stock is currently selling for $50.00 a share. What is the gain or loss on the following 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 $43.85.

You sell the stock short and the price declines to $43.85.

You take a long position and the price rises to $52.15.

You sell the stock short and the price rises to $52.15.