0 Rachel purchased Blue Corporation stock for $10,000 in 2014. Rachel sells the stock to her sister, Erica, for $2,000 in 2018. In 2020, Erica sells the bonds for $25,000 to a non-relative. What is the amount of Erica's taxable gain? $0 O $15.000 O $23.000 O $25,000 Question 17 2.5 pts Tom purchases 1,000 shares of Standard Corp. stock in 2017 for $31,000. On October 1, 2020, he sells the stock for only $10,000. On October 29, 2020 Tom buys 1,000 shares of Standard Corp. again for $10,000. How much of the October 1, 2020 loss may Tom deduct this year? O $0. O $3,000 $21.000 O $31.000. Question 18 2.5 pts Sonya wants to become a Certified Public Accountant. Therefore, she decides to go to college and obtain a degree in accounting. What is the tax treatment of Sonya's educational expenses? O Sonya may not deduct the educational expenses as a business deduction. Educational Expenses are never allowed a tax deduction Sonya may deduct the educational expenses because they are required for her to become an accountant O Educational expenses are always allowed a business deduction.