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Question 8 of 1 5 . Kevin purchased 1 0 0 shares of OAK stock for $ 5 , 0 0 0 on May 1

Question 8 of 15.Kevin purchased 100 shares of OAK stock for $5,000 on May 1,2023. He sold the shares on October 4,2023, for $6,000. He has no current-year or carryover capital losses, and his only other income for the year consisted of wages. He will use the single filing status, and his 2023 taxable income is $151,000, placing him in the 24% tax bracket. What amount of tax will Kevin owe on the gain from the sale of his shares of stock? $150 $200 $240 $278

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