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In 2007, Duncan purchased 2,000 shares of stock for $77,500 in amidsize local company with gross assets of $15,000,000. In 2022,Duncan sold the stock for

In 2007, Duncan purchased 2,000 shares of stock for $77,500 in amidsize local company with gross assets of $15,000,000. In 2022,Duncan sold the stock for $90,000. How is the gain treated for taxpur 2 answers

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