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Required information [ The following information applies to the questions displayed below. ] Dahlia is in the 3 2 percent tax rate bracket and has

Required information
[The following information applies to the questions displayed below.]
Dahlia is in the 32 percent tax rate bracket and has purchased the
following shares of Microsoft common stock (Nasdaq: MSFT) over the
years:
If Dahlia sells 860 shares of Microsoft for $44,720 on December 20,
2023, what is her capital gain or loss in each of the following
assumptions?
Note: Do not round intermediate calculations.
b. She uses the specific identification method and she wants to minimize her current-
year capital gain.
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