Problem 7-43 (LO 7-2) (Algo) Karyn loaned $26,500 to her co-worker to begin a new business several years ago. If her co-worker declares bankruptcy on June 22 of the current year, how much of the bad debt loss will Karyn be able to deduct this year? Deductible bad debt loss Problem 7-44 (LO 7-2) (Algo) Sue has 5,850 shares of Sony stock that have an adjusted basis of $42,120. She sold the 5,850 shares of stock for cash of $21,645, and she also received a piece of land as part of the proceeds. The land was valued at $24,250 and had an adjusted basis to the buyer of $14,550. What is Sue's gain or loss on the sale of 5,850 shares of Sony stock