Jeff Dixie owns 1,250 shares of Artic Wolf Corporation common stock. Jeff purchased the 1,250 shares on April 17, 2011, for $30,000. On December 8, 2019, Jeff sells 500 shares for $9,600. On January 2, 2020, Jeff buys 150 shares of Artic Wolf Corporation common stock for $2,850 and 125 shares of Artic Wolf Corporation preferred stock for $2,000. The preferred stock is nonvoting, nonconvertible. Read the requirements. Requirement a. What is Jeff's realized and recognized loss on the December 8 sale of stock? (Do not round intermediary calculations. Only round the amount you input in the input field to the nearest whole dollar.) Jeff has a realized loss of Jeff has a recognized loss of