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19 1 point On 8 August of the tax year, Taxpayer sold 600 shares of XYZ Corporation for $18 per share for a total amount
19 1 point On 8 August of the tax year, Taxpayer sold 600 shares of XYZ Corporation for $18 per share for a total amount realized of $10,800. Taxpayer purchased the following shares of XYZ Corporation over the past several years. Determine Taxpayers gain or loss given that Taxpayer took all available action to reduce his gain for the current year. SHARES DATE PURCHASED 07/15/15 09/01/16 02/17/17 05/21/18 200 300 500 100 COST PER SHARE $15 $16 $17 $15 TOTAL COST $3,000 $4,800 $8,500 $1,500 Type your
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