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Diana Bought 1,500 Shares of Dalton Protection, Inc

Question 25

Multiple Choice

Diana bought 1,500 shares of Dalton Protection, Inc., common stock for $10 per share. She paid her broker a $300 commission to close the purchase. The following year, Diana sold 1,000 of the shares for $17 per share and paid a commission of $175 on the sale. What is Diana's capital gain on the sale of the stock?


A) $1,525
B) $2,000
C) $6,625
D) $6,825
E) $7,000

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