Q14

Last year you sold short 400 shares of stock selling at $82.45 per share. Six months later the stock had fallen to $34.29 per share. Over the six-month period, the company paid out two dividends of $1.53 per share. Your total commission cost for selling and buying the shares came to $147. Determine your profit or loss from these transactions. Your profit (or loss) from these transactions is $. (Round to the nearest dollar.)