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Lisa sells short 100 shares of XYZ stock at $35 per share. She then buys back the stock for $2,000. XYZ pays a dividend of

Lisa sells short 100 shares of XYZ stock at $35 per share. She then buys back the stock for $2,000. XYZ pays a dividend of $2.00 per share before she covers the short sale. What is Lisa's net gain of loss?

A. $1,300 loss

B. $1,300 gain

C. $1,500 loss

D. $1,500 gain

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