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Jaylen has recently from an investment into a cannabis company. Being fearful of the markets he is looking to sell his position. If he purchases

Jaylen has recently from an investment into a cannabis company. Being fearful of the markets he is looking to sell his position. If he purchases the stock for $1/per share and sold it for $13/ share and Jayden is in a 40% MTR and owned 100 shares, what will he owe in taxes.

A. $600

B. $240

C. $650

D. $260

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