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Exercise 14-28 (Algorithmic) (LO. 4) Shen purchased corporate stock for $40,050 on April 10, 2019. On July 14, 2021, when the stock was worth $24,030,

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Exercise 14-28 (Algorithmic) (LO. 4) Shen purchased corporate stock for $40,050 on April 10, 2019. On July 14, 2021, when the stock was worth $24,030, Shen died and his son, Mijo, inherited the stock. Mijo sold the stock for $28,035 on November 12, 2021. What is the amount and character of Mijo's gain or loss? He has a si

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