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11a) T buys100 shares of ABC stock for $1,000. He sells the shares for $750 on 2/1/2020. On 2/15/2020 he buys 100 shares of ABC

11a) T buys100 shares of ABC stock for $1,000. He sells the shares for $750 on 2/1/2020. On 2/15/2020 he buys 100 shares of ABC stock for $800.

What is Ts loss in 2020? What is his basis in the ABC stock?

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