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In 2017, Jane Joplin pays $2,500 for 1,000 shares of ABC common stock. On August 27, 2021, Jane purchases an additional 250 shares of ABC
In 2017, Jane Joplin pays $2,500 for 1,000 shares of ABC common stock. On August 27,
2021, Jane purchases an additional 250 shares of ABC common stock for $600. On
September 5, 2021, she sells the 1,000 shares purchased in 2017 for $1,800. What is
Jane's
recognized loss
on the sale
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