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Charles recently sold 4 0 0 shares of stock A for $ . 1 2 , 0 0 0 . In addition, he sold 7

Charles recently sold 400 shares of stock A for $.12,000. In addition, he sold 700 shares of stock A for .$11,200. Charles had paid $25 per share for all his shares of stock A. What amount of loss will he have, assuming both sales were on stocks held for more than one year?

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