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ASaAP please On October 1 , you sold short 1 0 0 shares of Wayne stock at $ 2 5 per share. On December 1

ASaAP please
On October 1, you sold short 100 shares of Wayne stock at $25 per share. On December 1, a dividend of $3 per share was paid. On Jan 1, you covered the short sale by buying the stock at a price of $15 per share. You paid 50 cents per share in commissions for each transaction i.e. for each trade. What is the net gain of the short sale? (Show work for partial credit)
$2500
$1500
$1200
$1150
$1100
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