QUESTION 4 John bought 1,000 shares of Intel stock on October 18, 2015 for $35 per share plus a $750 commission he paid to his broker. On December 12, 2018, he sells the shares for $48.50 per share. He also incurs a S1,000 fee for this transaction. What is the gain/loss for John on the sale of his Intel stock? QUESTION 5 Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: Microsoft common stock Shares 400 300 500 250 asis $10,000 $11,000 $12,230 $7,300 as 7/10/2008 4/20/2009 1/29/2010 11/02/2012 If Dahlia sells 800 shares of Microsoft for $40,000 on December 20, 2018, what is her capital gain or loss if she uses the FIFO method