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Required information The following information applies to the questions displayed below) Deirdre sold 100 shares of stock to her brother, James, for $2.400 Deirdre purchased

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Required information The following information applies to the questions displayed below) Deirdre sold 100 shares of stock to her brother, James, for $2.400 Deirdre purchased the stock several years ago for $3.000 (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) c. What amount of gain or loss does James recognize the sells the stock for $2,600? Recognized gain or lo

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