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10. J sold the following capital assets during the current year: 100 shares of X Corp. held 14 months $(500) loss 50 shares of T

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10. J sold the following capital assets during the current year: 100 shares of X Corp. held 14 months $(500) loss 50 shares of T Corp. held 4 months (240) loss City lot held 7 years for speculation 900 gain How much is J 's overall net capital gain, if any? a. $740 b. $660 c. $400 d. $160

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