Bob, a stock market investor, purchases 3,000 shares in company X at $1.25 per share. The company subsequently announced that it's closing a number of its retail stores, and the share price drops to to $0.86 per share. Wishing to minimise his losses, Bob decides to sell his shares. How much of a loss does Bob make? Do not include commas or the dollar sign in your answer. Provide your answer below: