12 0 Required information The folowing information applies to the questions displayed below Three years ago, Adrian purchased 430 shares of stock in X Corp. for $70,950 On December 30 of year 4, Adrian sells Part 1 of 2 the 430 shares for $6407(Leave no answers blank. Enter zero if applicable.) 0.3 points a. Assuming Adrian has no other capital gains or losses, how much of the loss is Adrian able to deduct on her year 4 tax return? eBook Print References 13 0 Required information The following information applies to the questions displayed below Three years ago, Adrian purchased 430 shares of stock in X Corp. for $70,950. On December 30 of year 4, Adrian sells Part 2 of 2 the 430 shares for $64,070. (Leave no answers blank. Enter zero if applicable.) 0.3 points b. Assume the same facts as in part (a), except that on January 20 of year 5. Adrian purchases 430 shares of X Corp. stock for $64,070. How much loss from the sale on December 30 of year 4 is deductible on Adrian's year 4 tax return? What basis does Adrian take in the stock purchased on January 20 of year 5? eBook References Deductible loss Basis