You decided that Microsoft stock was overpriced, so you sold short 300 shares of stock at exist33 a share. One month later, you covered the short position at a price of exist19. What was your total dollar gain or loss on this investment? Ignore margin interest, trading costs, and taxes. We are usually interested in % returns, but not in this particular case. You want a exist amount. If the amount is negative, put the "-" immediately in front of the value. Do not include the exist sign in your answer. Your Answer: _____ Answer You decided that Microsoft was overpriced, so you sold short 500 shares at exist26 per share, while taking full advantage of your margin account. The initial margin requirement was 60%, and the maintenance margin level is 40%. Microsoft is currently selling for exist16 per share. What is the current exist amount of your account equity? (Show your answer to the nearest exist1. When you input your answer, do not include the exist sign or any commas. If your answer is negative, do include the "-" immediately in front of your value. For example, you would input a value of -exist10,000 as -10000.)