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Arden purchased 5 5 5 shares of AMC common stock ( NYSE: AMC ) several years ago for $ 2 , 6 6 4 .

Arden purchased 555 shares of AMC common stock (NYSE: AMC) several years ago for $2,664. On April 30, Arden sold the shares of AMC common for $888 and then purchased 505 shares of AMC preferred stock two days later for $1,313. The AMC preferred stock is not convertible into AMC common stock.
What is Arden's deductible loss from the sale of the 555 shares of AMC common stock?

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