Harold Perto purchased 100shares of Barclays, a UK financial services firm, when they were trading for 256(pounds sterling) and the exchange rate between British pounds and U.S. dollars was $1.51 per pound. A few months later, Harold sold his Barclays shares at a price of 277,converting the proceeds back into dollars at an exchange rate of$1.23 per pound. How much money did Harold spend (in U.S. dollars) to purchase the shares, and how much did he receive when he sold them?

The amount of money Harold spent to purchase the shares is $( )(Round to the nearest dollar.)

The amount of money Harold received when he sold the shares is $( ) (Round to the nearest dollar.)

This results in a (loss or gain) of $( ). (Select from the drop-down menu and round to the nearest dollar.)