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Ms Munoz bought 2,500 shares of Google Corporation stock for $17,000 on March 21, 2019. On December 11, 2020 she sold all 2,500 shares of
Ms Munoz bought 2,500 shares of Google Corporation stock for $17,000 on March 21, 2019. On December 11, 2020 she sold all 2,500 shares of her Google stock for $11,000. Based on advice from her friend, she bought 2,700 shares of Google stock on January 2, 2021 for $8,000. What is Ms Munoz's recognized loss on her 2020 sale and what is her basis in her 2,700 shares purchased in 2021? Recognized loss Basis in shares bought in 2021
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