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Required information [ The following information applies to the questions displayed below. ] Deirdre sold 1 8 2 shares of stock to her brother, James,
Required information
The following information applies to the questions displayed below.
Deirdre sold shares of stock to her brother, James, for $ Deirdre purchased the stock several years ago for $
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 $
Recognized gain or loss
$
C what is amount of gain or loss does james recognize if he sells the stock for
please answer b and c please
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