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On January 1, you sold short four round lots (i.e., 400 shares) of Four Sisters stock at $55 per share. On March 1, a dividend
On January 1, you sold short four round lots (i.e., 400 shares) of Four Sisters stock at $55 per share. On March 1, a dividend of $3.00 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $53 per share. You paid 50 cents per share in commissions for each transaction. What is the value of your account on April 1? (Negative amount should be indicated by a minus sign.)
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