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In January 2021, James heard about a company that was expected to make a lot of money and he wanted in. He paid $25 per
In January 2021, James heard about a company that was expected to make a lot of money and he wanted in. He paid $25 per share for all his shares in Epic Co. In March, James sold 400 shares of Epic Co. for $13,500! Unfortunately, his stock took a hit in July and he panicked, selling the remaining 750 shares in Epic Co. for $6,200. What amount is James net capital loss?
(CALCULATION)
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