Rayyan purchased 1000 shares in Y Co. in Year 1 for $5 per share. Due to a decline in market value, Rayyan sold the shares on September 22, Year 2, when they were trading for $3 per share. On October 3, Year 2, Rayyan repurchased 1000 shares of Y Co. at $2.50 per share. Which of the following is true for Rayyan? Multiple Choice Rayyan can recognize a $2,000 capital loss on the sale of the shares in the Year 2 tax year. Rayyan can recognize a $2,000 superficial loss on the sale of the shares in the Year 2 tax year. The adjusted cost base of Rayyan's new shares is $4,500. The adjusted cost base of Rayyan's new shares is $2,500.