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Question 33 Not yet answered Samantha gives her son 500 shares of Microsoft stock for which she paid $144 per share. Samantha purchased the shares

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Question 33 Not yet answered Samantha gives her son 500 shares of Microsoft stock for which she paid $144 per share. Samantha purchased the shares on June 6, 2018. Samantha's son, Jacob, received the stock from his mother on March 17, 2019, when Microsoft was trading at $136 per share. No gift tax is paid. Jacob subsequently sells the stock on March 20, 2019 for $138 per share. What is Jacob's recognized gain or loss and holding period? Points out of 10 P Flag question Select one: a. $1,000. Long term capital gain. b. $O. Holding period is irrelevant C. $1,000. Short term capital gain. O d. ($3,000). Long term capital loss. e. None of the choices listed are correct

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