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In 2019, Brandon sold 150 shares for $350/share. Brandon's basis in the shares was $400/share. Brandon regretted his decision and purchased 65 shares for $320/share.

In 2019, Brandon sold 150 shares for $350/share. Brandon's basis in the shares was $400/share. Brandon regretted his decision and purchased 65 shares for $320/share. What is Brandon's:

a. Realized Loss

b. Recognized Loss

c. Basis in the New Stock

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