1. Amy sold 600 shares of RAMANZEE, Inc. at a loss of $12,500 on June 15, 2018. On July 12, 2018 she purchased another 850 shares of RAMANZEE for $16,700. In Amys situation:

1. How much of the losses from selling 600 shares of RAMANZEE, Inc. must she recognize in 2018?
2. What is her basis in the 850 shares of RAMANZEE purchased on July 12, 2018?