Elmo Inc.'s stock is currently selling at $60.83 per share. For each of the following situations (ignoring brokerage commissions), calculate the gain or loss that Courtney Schinke realizes if she makes a 100-share transaction. (Enter all losses as negative numbers.)a. She sells short and repurchases the borrowed shares at $68.34per share. b. She takes a long position and sells the stock at $77.63 per share. c. She sells short and repurchases the borrowed shares at $43.53 per share. d. She takes a long position and sells the stock at $60.83 per share.

a. If she sells short and repurchases the borrowed shares at $68.34 per share, the gain or loss she realizes is $_______.

(Enter a loss as a negative number and round to the nearest cent.)