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Lucas invested in a technology corporation by purchasing shares through his trading account....

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Accounting

Lucas invested in a technology corporation by purchasing shares through his trading account. The transactions involved specific costs for purchasing and selling the shares. Use the information in the table below to calculate Lucas's capital loss from this investment.
Transaction Phase
Amount (USD)
Commissions and/or Fees (USD)
Purchase of Shares
$22,000
$250
Sale of Shares
$19,850
$350
What is his capital loss on the sale of these shares?
1,375
2,050
2,400
2,750

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