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please help me solve this question. include steps please! 30. On December 1, 2022 Ethan needed a little extra cash for the upcoming holiday season
please help me solve this question. include steps please! 30. On December 1, 2022 Ethan needed a little extra cash for the upcoming holiday season and sold 250 shares of McDonalds stock for $70 per share less a broker's fee of $600 for the entire sale transaction. Ethan had originally purchased the shares in March, 2015 when he bought 500 shares at a cost of $50 per share plus a commission fee of $800. What is the resulting characterization of this sale transaction? a. $3,600 long term gain b. $4,000 long term gain c. $4,600 long term gain d. $5,000 long term gain
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