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Josh Jackson owns 1 , 4 5 0 shares of Silver Wolf Corporation common stock. Josh purchased the 1 , 4 5 0 shares on
Josh Jackson owns shares of Silver Wolf Corporation common stock. Josh purchased the shares on April for $ On December Josh sells shares for $ On January Josh buys shares of Silver Wolf Corporation common stock for $ and shares of Silver Wolf Corporation preferred stock for $ The preferred stock is nonvoting, nonconvertible.
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Requirement a What is Josh's realized and recognized loss on the December sale of stock? Do not round intermediary calculations. Only round the amount you input in the input field to the nearest whole dollar.
Josh has a realized loss of
Josh has a recognized loss of
a What is Josh's realized and recognized loss on the December sale of stock?
b What is his basis and the holding periods of the shares purchased in and in
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