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In 2020. Mr. Dale paid $14.700 for 2.100 shares of GKL. Mutual Fund and elected to reinvest his year-end dividends in additional shares In 2020

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In 2020. Mr. Dale paid \$14.700 for 2.100 shares of GKL. Mutual Fund and elected to reinvest his year-end dividends in additional shares In 2020 and 2021 , he received Form 1099 s reporting the following: Assume the taxable year is 2022 Required: o. If Mr. Dale sells his 2.836 shares for $11 per share, compute his recognized gain. b. If he sells only 450 shares for $11 per share and uses the FIFO method to determine basis, compute his recognized gain. c. If he sells only 450 shares for $11 per share and uses the average basis method, compute his recognized gain

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