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LeeLee purchased Elm corporation stock 2 0 years ago for $ 1 0 , 0 0 0 in the current year they sell stock for

LeeLee purchased Elm corporation stock 20 years ago for $10,000 in the current year they sell stock for 29,000 what is Lees gain or loss $19,000 long-term $3000 with the excess carried for $19,000 ordinary $19,000

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