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Martin sells a stock investment for $26,000 on August 2, 2015. Martins adjusted basis in the stock is $15,000. a. If Martin acquired the

" Martin sells a stock investment for $26,000 on August 2, 2015. Martins adjusted basis in the stock is $15,000. a. If Martin acquired the stock on November 15, 2014, calculate the amount and the nature of the gain or loss."

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