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Chara purchased 400 shares of Tronco Corporation stock for $40,000 in 2014 On December 27, 2023, Chana sells the 400 shares for $24,000 Chana purchases
Chara purchased 400 shares of Tronco Corporation stock for $40,000 in 2014 On December 27, 2023, Chana sells the 400 shares for $24,000 Chana purchases 300 shares of Tronco Corporation stock on January 16, 2024 for $8,000 Chara's recognized loss on sale of the 400 shares in 2023 and her basis in her 300 new shares are B c. D
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