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7. A potential client tells you she invested $200,000 in TESLA stock on January 3nd when the price of the was $305/ share. The stock
7. A potential client tells you she invested $200,000 in TESLA stock on January 3nd when the price of the was $305/ share. The stock paid a $0.60 dividend per share on February 16th which was reinvested at $350. Additionally, the stock paid a dividend of $0.60 per share on May 18th which she reinvested at $375. She is consider selling her position on June 15th and moving the funds to you to manage. The current stock pric is \$340 per share. What are the tax implications of the move? Specifically determine whether there is any current income tax liability, and whether there would be any capital gain/loss implications associated with the move. Be sure to include amounts
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