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In 2020, Mr. Dale paid $37,800 for 2,700 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 $37,800 for 2,700 shares of GKL Mutual Fund and elected to reinvest his year-end dividends in additional shares. In 2020 and 2021, he received Form 1099s reporting the following: Assume the taxable year is 2022 . Required: a. If Mr. Dale sells his 3,390 shares for $17 per share, compute his recognized gain. b. If he sells only 750 shares for $17 per share and uses the FIFO method to determine basis, compute his recognized gain. c. If he sells only 750 shares for $17 per share and uses the average basis method, compute his recognized gain. Complete this question by entering your answers in the tabs below. If he sells only 750 shares for $17 per share and uses the fIFo method to determine basis, compute his recognized gain

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