What is net dollar gain or cost required to create a short put delta hedge...

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Accounting

What is net dollar gain or cost required to create a short put delta hedge against a 100 short put position? Assume puts are priced at $1.98, the delta is 0.489, the stock price is $34.50, and no cost to short stock

The answer is $2,319.58 gain I want to know why ?? Thank you !!

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