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Jose purchased stock last year as follows: Month Shares Total Cost September 60 $ 6,000 October 75 $7,500 November 85 $9,000 In December of this

Jose purchased stock last year as follows:

Month

Shares

Total Cost

September

60

$ 6,000

October

75

$7,500

November

85

$9,000

In December of this year, Jose sells 100 shares for $12,950. Jose cannot specifically identify the stock sold. The basis for the 100 shares sold is

A) $7,500

B) $10,000.

C) $10,500.

D) $12,250.

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