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In November 2 0 2 3 Mariel's car broke down and she decided to buy a new one. To fund the down payment, she sold
In November Mariel's car broke down and she decided to buy a new one. To fund the down payment, she sold shares of Tesla Inc stock at the market price of $ per share. Mariel held the following blocks of Tesla Inc at the time of the sale:
tablePurchase Date,Cost per Share,Shares$Dec,$ Sep,$Jun,,
a How much capital gain will Mariel recognize if she uses the FIFO method of computing the basis of her Tesla Inc shares sold?
b How much capital gain will Mariel recognize if she uses the specific identification method of computing the basis of her Tesla Inc shares sold?
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