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Harold owns 1 6 0 shares of stock in Becker Corporation. His adjusted basis for the stock is $ 2 6 3 , 2 0
Harold owns shares of stock in Becker Corporation. His adjusted basis for the stock is $ On December he sells the stock for $ He purchases shares of Becker Corporation stock on January for $
Required:
a What are Harold's realized and recognized gain or loss on the sale?
b What is Harold's adjusted basis for the shares purchased on January
c How would your answers in parts a and b change if he purchased only shares for $ in January?
Note: Round any percentage computation to decimal places. Round other computations to the nearest whole dollar value.
Note: For all requirements, if no gain or loss is recognized, select No gain or loss".
tableAmountaNo gain or loss,$aRealized loss,,bAdjusted basis of shares,,cRealized loss,,cRecognized loss,,cAdjusted basis of shares,,
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