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Christina, who is single, purchased 4 6 0 shares of Apple Incorporated ( Nasdaq: AAPL ) stock several years ago During her year - end

Christina, who is single, purchased 460 shares of Apple Incorporated (Nasdaq: AAPL) stock several years ago During her year-end tax planning, she decided to sell 230 shares of Apple for $8,970 on December 30. However, two weeks later, Apple introduced its latest iPhone, and she decided that she should buy the 230 shares (cost of $9,430) of Apple back before prices skyrocket.
Note: Leave no answers blank. Enter zero if applicable.
Problem 7-53 Part-b (Algo)
b. Assume the same facts, except that Christina repurchased only 115 shares for $4,715. What is Christina's deductible loss on the sale of 230 shares? What is her basis in the 115 new shares?
\table[[Deductible loss,],[Basis,]]
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