1. Statement of Retained Earnings Use the following information to find dividends paid to common stockholders during 2015.
2. Jan purchased 100 shares of Novell stock for $12 a share on September 10, 2015. On August 29, 2016, the price had fallen to $9. Concerned that the price might decline further, Jan sold all her shares that day. On September 26, 2016, she re-purchased the stock when it was $11 a share. What is Jan's 2016 capital gain or loss on these transactions?
$0
$100 short-term loss.
$300 long-term loss.
$300 short-term loss.