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Deirdre sold 128 shares of stock to her brother, James, for $4,352. Deirdre purchased the stock several years ago for $5,888. (Loss amounts should be

Deirdre sold 128 shares of stock to her brother, James, for $4,352. Deirdre purchased the stock several years ago for $5,888. (Loss amounts should be indicated by a minus sign. Leave no answers blank. Enter zero if applicable.)

Problem 11-67 Part-d (Algo)

d. What amount of gain or loss does James recognize if he sells the stock for $3,328?

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