Question 7 (1 point) 6 The basis of stock acquired in a wash sale is its cost plus the disallowed loss. ( 1) True 9 2) False 1 12 Question 8 (1 point) Selling expenses are subtracted from the sales price in computing amount realized. 14 15 ( 1) True 2) False Question 9 (1 point) Legal fees paid in connection with the purchase of property are subtracted from the buyer's basis in the property. ( 1) True 2) False