Please answer

somework X CengageNOWv2 | Online teachin X + ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false to eBook E Print Item Problem 16-38 (Algorithmic) (LO. 4) Dennis sells short 300 shares of ARC stock at $144 per share on January 15, 2021. He buys 600 shares of ARC stock on April 1, 2021, at $180 per share. On May 2, 2021, he closes the short sale by delivering 300 of the shares purchased on April 1. a. What are the amount and nature of the loss upon closing the short sale? Dennis has loss in the amount of $ b. When does the holding period for the remaining shares begin? The holding period for the remaining shares begins on c. If Dennis sells (at $198 per share) the remaining 300 shares on January 20, 2022, what will be the nature of his gain or loss? Dennis has in the amount of $