On March 15, Bill bought 1,000 shares of stock for $15,000, including commission. On March 15, one year later, he sold 600 shares of the stock. Form 1099-B, box 6, reports sales price less commissions (net proceeds) of $7,800.

Based on the same scenario, how much is Bill's loss?

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Type your answer here: $ (Please do not use commas in answer)