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QUESTION 2 Hannah Tywin owns 100 shares of MM Inc. stock. She sells the stock on December 11 for $24 per share. She received
QUESTION 2 Hannah Tywin owns 100 shares of MM Inc. stock. She sells the stock on December 11 for $24 per share. She received the stock as a gift from her Aunt Pam on March 20 of this year when the fair market value of the stock was $18 per share. Aunt Pam originally purchased the stock seven years ago at a price of $15 per share. What is the amount of Hannah's recognized gain or loss on the stock? 1 po
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