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recently received 2,170 shares of restricted stock from his employer. Independence Corporation, when the share price was $12 per share. Tom's restricted shares -d three
recently received 2,170 shares of restricted stock from his employer. Independence Corporation, when the share price was $12 per share. Tom's restricted shares -d three years later when the market price was $16. Tom held the shares for a little more than a year and sold them when the market price was $14. What is the int of Tom's income or loss on the sale? Multiple Choice $2.170 loss. $4.340 gain $4,340 loss
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