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George bought the following amounts of Stock A over the years: Note: Loss amounts should be Indicated with a minus sign. Date Purchased Number
George bought the following amounts of Stock A over the years: Note: Loss amounts should be Indicated with a minus sign. Date Purchased Number of Stock A Stock A Stock A 11/21/1996 Shares 1,060 Adjusted Basis $ 25,440 3/18/2002 5/22/2011 530 818 9,540 29,160 On October 12, 2022, he sold 1,290 of his shares of Stock A for $38 per share. b. How much gain/loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all 810 shares from the 5/22/2011 purchase and 480 shares from the 11/21/1996 purchase?
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