On October 1, 2019, you sold short 100 shares (i.e., one round lot) of Apple stock at $224 per share.

a) What is the maximum gain you could make from this short position?

b) What is the maximum loss you could suffer from this short position?

c) On November 30, 2019, a dividend of $2.40 was paid for each share of Apple stock. On December 31, 2019, you covered the short position sale by buying the stock back at a price of $294 per share. What is total gain/loss from this short position?