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1. 8 Points: Lem purchased 100 shares of RealRealEstate.com Corp. on January 1, this year, for $50 per share. On June 2 , this year,

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1. 8 Points: Lem purchased 100 shares of RealRealEstate.com Corp. on January 1, this year, for $50 per share. On June 2 , this year, Lem purchased an additional 50 shares for $2,000. Later, changing his mind, on July 15Lem sells 25 of the shares he purchased in January for $30 per share. What is Lem's recognized loss on this sale and basis in all remaining shares

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