Required information Problem 7-53 (LO 7-2) (Algo) [The following information applies to the questions displayed below.] Christina, who is single, purchased 220 shares of Apple Incorporated stock several years ago for \$12,320. During her year-end tax planning, she decided to sell 110 shares of Apple for $5,610 on December 30 . However, two weeks later, Apple introduced its latest iPhone, and she decided that she should buy the 110 shares (cost of $5,830 ) of Apple back before prices skyrocket. Note: Leave no answers blank. Enter zero if applicable. Problem 7-53 Part-b (Algo) b. Assume the same facts, except that Christina repurchased only 55 shares for $2,915. What is Christina's deductible loss on the sale of 110 shares? What is her basis in the 55 new shares? Required information Problem 7-60 (LO 7-4) (Algo) [The following information applies to the questions displayed below.] Rubio recently invested $32,000 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk amount is $23,400. In addition, Rubio's share of the limited partnership loss for the year is $37,600, his share of income from a different limited partnership is $6,800, and he has $52,000 in wage income and $16,000 in long-term capital gains. Problem 7-60 Part-c (Algo) c. How much of Rubio's $37,600 loss from the limited partnership can he deduct in the current year considering all limitations