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Required informatio The following information applies to the questions displayed below.] Deirdre sold 175 shares of stock to her brother, James, for $4,550. Deirdre purchased

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Required informatio The following information applies to the questions displayed below.] Deirdre sold 175 shares of stock to her brother, James, for $4,550. Deirdre purchased the stock several years ago for $5,950. (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) a. What gain or loss does Deirdre recognize on the sale? Recognized gain or loss

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