income tax Accounting ***

Problem 7-47 (LO 7-2) (Algo) [The following information applies to the questions displayed below] George bought the following amounts of Stock A over the years: Note: Loss amounts should be indicated with a minus sign. On October 12,2023 , he sold 1,470 of his shares of Stock A for $38 per share. roblem 7-47 Part-a (Algo) How much gain or loss will George have to recognize if he uses the FIFO method of accounting for the shares sold? Answer is complete but not entirely correct