Dennis sells short 175 shares of ARC stock at $216 per share on January 15,2021 . He buys 350 -shares of ARC stock on Apili 1, 2021, at $270 per share. On May 2, 2021. Dennis closes the short sale by dellivering 175 of the shares purchased on April 1. a. What are the amount and nature of the loss upon closing the short sale? Dennis has loss in the amount of 1 b. When does the holding period for the remaining shares begin? The holding period for the remaining shares begins on Fendosck Check My Work Correct c. If Dennis sells (at $297 per share) the remaining. 175 shares on January 20, 2022, what will be the nature of his gain or loss? Dennis has