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! Required information [The following information applies to the questions displayed below.] Dahlia is in the 32 percent tax rate bracket and has purchased
! 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: Date Purchased 7/10/2013 Shares 630 Basis $ 33,390 4/20/2014 530 31,164 730 480 34,018 25,056 1/29/2015 11/02/2017 If Dahlia sells 1,490 shares of Microsoft for $108,770 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. Answer is complete but not entirely correct. Capital gain $ 29,800x
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