A stock trades at a price of $33.30 on July 1. On that day, a one year T-bill has a yield of 10 basis points. You go short 300 shares of the stock and put the proceeds into T-bills. A year later the price is $23.12. What is the profit on your short position? Report your answer in dollars to the nearest penny. Do not include the dollar sign. Please provide answers with details,

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