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Required information Skip to question [ The following information applies to the questions displayed below. ] Deirdre sold 1 0 5 shares of stock to

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[The following information applies to the questions displayed below.]
Deirdre sold 105 shares of stock to her brother, James, for $3,255. Deirdre purchased the stock several years ago for $4,935.
Note: Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.
b. What amount of gain or loss does James recognize if he sells the stock for $5,250?

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