Louis Received a "Hot Tip" from a Friend About Fine

Multiple Choice

Louis received a "hot tip" from a friend about Fine Mine Ltd. He borrowed $10,000 from a bank April 1, 2020 and used the funds to purchase 1,000 common shares in the company for $10 each. Louis sold the shares June 30, 2020 for $15 a share and repaid the loan which included $148 of interest. As a result of these transactions Louis's net income for 2020 would have increased by:

A) $2,352.
B) $2,426.
C) $2,500.
D) $4,852.