Suppose you short-sell 300 shares of AmCo stock at $53.84 with a commission charge of 0.5%. Assuming you also pay commission charges for purchasing the stock to cover the short sale, how much profit have you made if you close the short sale at a price of $52.47?

a. $251.54

b. $408.95

c. $411.00

d. $268.31

e. $570.47

Please show work, thanks!