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As of January , 1 2 0 2 3 , Stephanie owns 5 0 0 shares of Orange Inc. stock with an adjusted basis of

As of January ,12023, Stephanie owns 500 shares of Orange Inc. stock with an adjusted basis of $22,000.
On July 20,2023, she sell all 50 shares of the Orange Inc. stock for $20,000.
On August 16,2023, she purchases 500 shares in Orange Inc. stock for $27,000.
How much recognized gain (or loss), if any, does Stephanie have on Orange Inc. stock for 2023?
$20.0 recognized loss
$5.000 recognized loss
$7.000 recognized loss
$7,000 recognized gain
$0 recognized gain / loss
None of the above

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