Jeft Lee owns 1,700 shares of Red Fox Corporation common stock Jeff purchased the 1.700 shares on April 17, 2011, for $30,600. On December 8. 2019, Jeff selis 1,100 shares for $13,970On January 2, 2020, Jeff buys 770 shares of Red Fox Corporation common stock for $10,010 and 175 shares of Red Fox Corporation preferred stock for 52,000. The preferred stock is nonvoting, nonconvertible Read the requirements Requirement a. What is Jell's realized and recognized loss on the December a 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 $ 5,830 Sett has a recognized loss of $ 1,749 Requirement b. What is his basis and the holding periods of the shares purchased in 2011 and in 20207 Basis Holding period begins T70 shares of Red Fox common stock Remaining 600 shares of Red Fox common stock 175 shares of Red Fox preferred stock