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Required information [The following information applies to the questions displayed below.) Deirdre sold 108 shares of stock to her brother, James, for $3,132. Deirdre purchased

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Required information [The following information applies to the questions displayed below.) Deirdre sold 108 shares of stock to her brother, James, for $3,132. Deirdre purchased the stock several years ago for $4,320. (Loss amounts should be indicated by a minus sign. Leave no answers blank.Enter zero if applicable.) What gain or loss does Deirdre recognize on the sale? Recognized gain or loss Required information [The following information applies to the questions displayed below) Deirdre sold 108 shares of stock to her brother, James, for $3,132. Deirdre purchased the stock several years ago for $4,320. (Loss amounts should be indicated by a minus sign. Leave no answers blank. Enter zero if applicable.) b. What amount of gain or loss does James recognize if he sells the stock for $4,644? Recognized gain or loss Required information [The following information applies to the questions displayed below) Deirdre sold 108 shares of stock to her brother, James, for $3,132 Deirdre purchased the stock several years ago for $4,320. (Loss amounts should be indicated by a minus sign. Leave no answers blank. Enter zero if applicable.) c. What amount of gain or loss does James recognize if he sells the stock for $3,888? Recognized gain or loss Required information [The following information applies to the questions displayed below) Deirdre sold 108 shares of stock to her brother, James, for $3,132. Deirdre purchased the stock several years ago for $4,320 (Loss amounts should be indicated by a minus sign. Leave no answers blank.Enter zero if applicable.) d. What amount of gain or loss does James recognize if he sells the stock for $2,700? Recognized air or loss

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