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QUESTION 31 This year Ryan Gosling purchased 1,000 shares of Necrotising Fasciitis common stock for $12 per share. At year-end the Necrotising Fasciitis shares were

QUESTION 31 This year Ryan Gosling purchased 1,000 shares of Necrotising Fasciitis common stock for $12 per share. At year-end the Necrotising Fasciitis shares were worth $32 per share. What amount must Ryan Gosling include in income this year? $32,000 B. $12.000 9 c2200D D. Ryan Gosling can deduct $12,000 because his cost is a return of capital. D E. None of the above - Ryan Gosling has not realized any gain

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