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On January 1, you sold short one round lot (that is, 100 shares) of Snows stock at $28.50 per share. On March 1, a dividend

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On January 1, you sold short one round lot (that is, 100 shares) of Snows stock at $28.50 per share. On March 1, a dividend of $1.30 per share was paid. On April 1,you covered the short sale by buying the stock at a price of $25 per share. You paid 55 cents per share in commissions for each transaction. What is the value of your account on April 1

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