Lewis owns 200 shares of stock in Modlin Corporation. His adjusted basis for the stock is $184,500. On December 15, 2017, he sells the stock for $173,000. He purchases 200 shares of Modlin Corporation stock on January 8, 2018, for $173,000. (If no gain or loss is recognized, select "No gain/loss".)

A. No gain/loss $0

Realized Loss -$11500

B Adjusted Basis of shares $184500

C. How would your answers in (a) and (b) change if he purchased only 100 shares for $107,400 in January?

Realized Loss -$11500

Recongized Loss ?

Adjusted Basis of shares ?