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Question 2 (3 points) C sold 300 shares of IBM stock for $5,200. She had paid $3,000 for the stock. Commissions of $300 on the

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Question 2 (3 points) C sold 300 shares of IBM stock for $5,200. She had paid $3,000 for the stock. Commissions of $300 on the sale and $180 on the purchase were paid. How much are C's amount realized and her gain realized, respectively, on this sale? $2,200 and $1,720 $4,720 and $1,720 $4,900 and $1.720 $5,200 and $2.200 Question 3 (3 points) S sold a business microcomputer for $2.000 that she had purchased for $2,500 several moriths eartier. Assume the depreciation deducted under MACRS on the computer for the actual holding period was $1,795 What is the amount of S's gain recognized on this sale? so $500

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