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Craig Co. is a domestic small business C corporation which has been actively engaged in a trade or business since its corporation. Kimberly purchased 100

Craig Co. is a domestic small business C corporation which has been actively engaged in a trade or business since its corporation. Kimberly purchased 100 shares from Craig Co for $20,000 on September 1, 2014. Kimberly sold all the shares for $80,000 on December 15, 2018. How much gain can Kimberly exclude under section 1202?

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