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Please help me with my assignment Two years ago, Adrian purchased 100 shares of stock in X Corp. for $10,000. On December 30 2018, Adrian

Please help me with my assignment

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Two years ago, Adrian purchased 100 shares of stock in X Corp. for $10,000. On December 30 2018, Adrian sells the 100 shares for $6,000 1. Assuming Adrian has no other capital gains or losses, how much of the loss is Adrian able to deduct on her year 2018 tax return? State the reason. [3 Marks] 1. Assume the same facts as in part (a), except that on January 20, 2019, Adrian purchases another 100 shares of X Corp. stock for $8,000. How much loss from the sale on December 30 2018, is deductible on Adrian's 2018 tax return? What basis does Adrian take in the stock purchased on January 20, 2019? [4 Marks]

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