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Ms fresh bought 1000 shares of lbis corporation stock for $6500 on January 15, 2020. On december 31, 2023, she sold 1000 shares of her
Ms fresh bought 1000 shares of lbis corporation stock for $6500 on January 15, 2020. On december 31, 2023, she sold 1000 shares of her lbis stock for $5250. Based on a hot tip from her friend, she bought 1000 shares of lbis stock on January 23, 2024 for $3375. What is Fresh's recognized loss on her 2023 sale, and what is her basis in 1000 shares purchased in 2024
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