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Required information The following information applies to the questions displayed below) Three years ago, Adrian purchased 540 shares of stock in X Corp. for $79,380.

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Required information The following information applies to the questions displayed below) Three years ago, Adrian purchased 540 shares of stock in X Corp. for $79,380. On December 30 of year 4. Adrian sells the 540 shares for $75,600. (Leave no answers blank. Enter zero if applicable. Loss amounts should be indicated with a minus sign.) b. Assuming Adrian has no other capital gains or losses, except that on January 20 of year 5, Adrian purchases 540 shares of X Corp. stock for $75,600. How much loss from the sale on December 30 of year 4 is deductible on Adrian's year 4 tax return? What basis does Adrian take in the stock purchased on January 20 of year 5? $ Deductible loss Basis

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