Question 27 Not yet answered Points out of 10 P Flag question Elon purchased 100 shares of Zoom stock for $11,500 on January 10, 2016. In 2019, he sells 25 shares of the 100 shares originally purchased on January 10, 2016, for $2,500. Twenty-five days earlier, he had purchased 30 shares of Zoom for $3,000. What is Elon's recognized gain or loss on the sale of the stock and what is his basis in the 30 shares purchased 25 days earlier? Select one: a. None of the choices listed are correct. O b. $0 recognized loss, $3,450 basis in new stock. c. $0 recognized loss, $3,000 basis in new stock. d. recognized loss, $3,375 basis in new stock. e. $375 recognized loss, $3,000 basis in new stock