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Amir purchased Apple stock on 2/21/2022 for $10,000. He sells the stock for $29,000 on 12/17/2022. Compute Amir's gain or loss on sale. a. $3,000,
Amir purchased Apple stock on 2/21/2022 for $10,000. He sells the stock for $29,000 on 12/17/2022. Compute Amir's gain or loss on sale.
a. $3,000, with the excess carried forward
b. $19,000 long-term capital gain
c. $19,000 short-term capital gain
d. $19,000 ordinary
e. No gain or loss is recognized
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