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Arturo had the following capital asset transactions: Purchase of shares on November 30, 2018, for $ 45,800 and sold them on December 1, 2019, for
Arturo had the following capital asset transactions: Purchase of shares on November 30, 2018, for $ 45,800 and sold them on December 1, 2019, for $ 40,200 and had selling expenses of $ 400. Determine short-term or long-term capital gain or loss.
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