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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 of
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 Shares Adjusted Basis
Stock A $
Stock A
Stock A
On October he sold of his shares of Stock A for $ per share.
b How much gain or loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all shares from the purchase and shares from the purchase?
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