Gary Walters owned 400 shares of stock in General Electric (GE). He purchased the shares at a price of $38.03 per share and sold them at the closing price of the stock given in the table.

(a) Ignoring dividends, what was Gary's profit or loss on the sale of the stock?

$

This is a ---Select--- loss or profit .

(b) If his broker charges 2.9% of the total sale price, what was the broker's commission?

Selected Stocks from the Dow Jones Industrial Average for a Day in 2015