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! Required information [The following information applies to the questions displayed below.] Deirdre sold 128 shares of stock to her brother, James, for $4,352.
! Required information [The following information applies to the questions displayed below.] Deirdre sold 128 shares of stock to her brother, James, for $4,352. Deirdre purchased the stock several years ago for $5,888. (Loss amounts should be indicated by a minus sign. Leave no answers blank. Enter zero if applicable.) b. What amount of gain or loss does James recognize if he sells the stock for $6,144? Recognized gain or loss. $ 1,792 previous at
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