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During the year, Tamara had capital transactions resulting in gains (losses) as follows: Sold stock in ABC Company (acquired two years ago) ($1,500) Sold collectible
During the year, Tamara had capital transactions resulting in gains (losses) as follows:
Sold stock in ABC Company (acquired two years ago) ($1,500) Sold collectible coins (held for more than one year) 2,000 Sold stock in XYZ Company (acquired six months ago) (4,100) Sold stock in LMN Company (acquired three years ago) 500 Determine Tamaras net capital gain or loss as a result of these transactions.
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