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Kevin bought 235 shares of Intel stock on January 1, 2018 for $64 per share with a brokerage fee of $135. Then, Kevin sells all

Kevin bought 235 shares of Intel stock on January 1, 2018 for $64 per share with a brokerage fee of $135. Then, Kevin sells all 235 shares for $82 per share on December 12, 2018. The brokerage fee on the sale was $185. What is the amount of the gain/loss Kevin must report on his 2018 tax return?

Multiple Choice

  • $4,230.
  • None of the choices are correct.
  • $3,590.
  • $4,550.
  • $3,910.

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