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Maggie owns 53 shares of SG Inc. stock. She sells the stock on December 11 for $7 per share. She received the stock as a

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Maggie owns 53 shares of SG Inc. stock. She sells the stock on December 11 for $7 per share. She received the stock as a gift from her father Richard on March 20 of this year when the fair market value of the stock was $8 per share, Richard originally purchased the stock seven years ago at a price of $14 per share. What basis in the stock will Maggie use to determine her gain or loss on the sale of the stock? If gain, enter as a positive number, if a loss enter negative number with a sign first. For example, a loss of $1,000 would be entered as -1000. If no gain or loss, enter 0

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