Allen bought 150 shares of stock at $31.25 per share. Several months later he sold the stock at $25 per share. His broker charges 3% commission for round lots and 4% for odd lots. Calculate the gain or loss on the transaction. (If loss, enclose in parenthesis)

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The Answer of Allen bought 150 shares of stock at $31.25 per share. Several months later he sold the stock at $25 per share. His broker charges 3% commission for round lots and 4% for odd lots. Calculate the gain or loss on the transaction. (If loss, enclose in parenthesis)

Allen Bought 150 Shares of Stock at $31