19. A sold 100 shares of F corporation stock for $32,500. A had to pay a sales commission of $940. A had originally paid $14,750 for the shares and a purchase commission of $420. How much are As amount realized, adjusted basis and gain realized, respectively?

a. $32,500; $15,170; $16,390

b. $31,560; $14,750; $16,810

c. $31,560; $15,170; $16,390

4. $31,140; $14,750; $17,750

____ 20. In 2021, B sold 200 shares of K Inc., which she had owned for three years, for $2,000 (net of $75 commission). Bs basis in the shares, which were held for investment, was $7,300. How much of the loss may B deduct against her other 2021 income if she had no other sales or exchanges?

a. $5,300

b. $1,000

c. $3,000

d. $3,035

____ 21. In December 2021, B (a single taxpayer) sold 200 shares of K, Inc. (not section 1202 stock), which she had owned for 15 months, for $1,130. Bs basis in these shares was $520. How much is her gain and what is the maximum tax rate she will pay on this gain? B has no other transactions and has taxable income (including this transaction) of $22,000. See capital gain tax bracket chart attached.

1. $1,130 and 35%
2. $610 and 28%
3. $610 and 15%
4. $1,130 and 0%
5. $610 and 0%

____ 22. F and B were divorced in 2015, their divorce decree gave custody of their child to B, and under a separate written agreement, B surrendered the dependent to F for 2021. F paid child support of $800 in 2021. B provided the other support of $2,000 for their only child. What is Bs filing status?

a. Head of household.

b. Married filing jointly.

c. Single.

d. Married filing separately.