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Required information [The following information applies to the questions displayed below.] John bought 1,850 shares of Intel stock (Nasdaq: INTC) on October 18, 2019, for

Required information [The following information applies to the questions displayed below.] John bought 1,850 shares of Intel stock (Nasdaq: INTC) on October 18, 2019, for $47 per share plus a $750 commission he paid to his broker. On December 12, 2023, he sells the shares for $68.00 per share. He also incurs a $1,000 fee for this transaction. Required: c-1. What is the gain or loss for John on the sale of his Intel stock? c-2. What is the character of the gain or loss? Complete this question by entering your answers in the tabs below. Required C1 Required C2 What is the gain/loss for John on the sale of his Intel stock? Gain 38600
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Required information [The following information applies to the questions displayed below] John bought 1,850 shares of Intel stock (Nasdaq: INTC) on October 18,2019 , for $47 per share plus a $750 commission he paid to his broker. On December 12,2023 , he selis the shares for $68.00 per share. He also incurs a $1.000 fee for this transaction. Required: c-1. What is the gain or loss for John on the sale of his intel stock? c.2. What is the character of the gain or loss? Complete this question by entering your answers in the tabs below. What is the gair/loss for John on the sale of his Intel stock

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