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Rachel sold the following stocks on 6/5/2020: ORIGINAL facts: Sales $/sh Stock #of Shares RED 100 GREEN 500 BLUE 300 YELLOW 275 ORANGE 25 Purchase

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Rachel sold the following stocks on 6/5/2020: ORIGINAL facts: Sales $/sh Stock #of Shares RED 100 GREEN 500 BLUE 300 YELLOW 275 ORANGE 25 Purchase Date Purchase $/sh 1/15/2018 $125 9/16/2018 $45 6/9/2018 $125 2/15/2020 $92 6/23/2015 $100 $146 $51 $83 $85 $123 REVISED facts: Keeping all other facts the same, change the sales price of BLUE stock to $135/sh Using the ORIGINAL facts answer the following questions: How much does your taxpayer have in STCGISTCL?* Your answer O This is a required question How much does your taxpayer have in LTCG/LTCL? : Your answer O This is a required question How much gain/loss must your taxpayer recognize? Voutanier 0 This is a reculted cuestion Explain your last answer Using the REVISED facts answer the following questions: How much does your taxpayer have in STCGISTCL? * Your answer How much does your taxpayer have in LTCG/LTCL? * / Your answer How much gain/loss must your taxpayer recognize? Youtswer Explain your last

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