Scott placed an order with his broker to purchase 1,000 shares of each of three IPOs that are being released this month. Each IPO has an offer price of $24 a share. The number of shares allocated to Scott along with the closing stock price at the end of the first day of trading for each stock, are as follows: Stock Shares allocated End of Day One price a 1000 $22.50 b 200 $28.70 c 500 $25.10 What is Scott's total profit or loss on these three stocks as of the end of the first day of trading for each stock A. -$380 B. -$240 C. -$10 D. $220 E. $450