Mr. Panther owns 100 sharess of Lowland Corporation common stock, which t purchased on March 8, 2011, for $1,400 On October 3, 2019, Panther purchases an additional 70 shares for Syo0 On Ocober 12, 2019, he sels the oniginal 100 shares for $950 On November 1, 2019, he purchases an addional 20 shares for $160 Read the requirements Requirement a. What is Mr. Panther's recognized gain or loss as a result of the sale on October 12, 2019 Gain or loss Amount Gain or loss to be recognized 45 loss Requirement b. What are the basis and the holding period of the stock he continues to hold? (Do not round internim calculations Only round the amount you input in the input field to the nearest dolar) Holding period begins 405 Basis March 8, 2011 70 purchased on October 3, 2019 20 purchased on November 1, 2019 November 1, 2019 Mr. Panther owns 100 sharess of Lowland Corporation common stock, which t purchased on March 8, 2011, for $1,400 On October 3, 2019, Panther purchases an additional 70 shares for Syo0 On Ocober 12, 2019, he sels the oniginal 100 shares for $950 On November 1, 2019, he purchases an addional 20 shares for $160 Read the requirements Requirement a. What is Mr. Panther's recognized gain or loss as a result of the sale on October 12, 2019 Gain or loss Amount Gain or loss to be recognized 45 loss Requirement b. What are the basis and the holding period of the stock he continues to hold? (Do not round internim calculations Only round the amount you input in the input field to the nearest dolar) Holding period begins 405 Basis March 8, 2011 70 purchased on October 3, 2019 20 purchased on November 1, 2019 November 1, 2019