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Required information Problem 3-67 (LO 3-6) [The following information applies to the questions displayed below.) Part 4 of 4 Deirdre sold 100 shares of stock
Required information Problem 3-67 (LO 3-6) [The following information applies to the questions displayed below.) Part 4 of 4 Deirdre sold 100 shares of stock to her brother, James, for $2,400. Deirdre purchased the stock several years ago for $3,000. (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) points Problem 3-67 Part-d Print d. What amount of gain or loss does James recognize if he sells the stock for $2,000? Recognized gain or loss $ (400)
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