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Problem 11-67 (LO 11-6) [The following information applies to the questions displayed below] Deirdre sold 178 shares of stock to her brother, James, for $5,874.

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Problem 11-67 (LO 11-6) [The following information applies to the questions displayed below] Deirdre sold 178 shares of stock to her brother, James, for $5,874. Deirdre purchased the stock several years ago for $7.476. (Loss amounts should be indicated by a minus sign) Problem 11-67 Part-b b. What amount of gain or loss does James recognize if he sells the stock for $8.0102 Recognized gain or loss

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