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5.50 points Harold owns 180 shares of stock in Becker Corporation. His adjusted basis for the stock is $293,000. On December 15, 2016, he sells

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5.50 points Harold owns 180 shares of stock in Becker Corporation. His adjusted basis for the stock is $293,000. On December 15, 2016, he sells the stock for $252,000. He purchases 270 shares of Becker Corporation stock on January 12 2017, for $332,100. (If there is no gain or loss, select "No gain/loss".) a. What are Harold's realized and recognized gain or loss on the sale? b. What is Harold's adjusted basis for the 270 shares purchased on January 12, 2017? c. How would your answers in (a) and (b) change if he purchased only 150 shares for $159,750 in January? Round any percentage computation to 2 decimal places. Round other computations to the nearest whole dollar value.) 0 $41,000 b. Adjusted basis of shares 373,100 a. No ga loss C. S 41,000 Adjusted basis of shares References eBook & Resources

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