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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 the following

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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 the following shares of Microsoft common stock over the years: asis 400 $12,800 7/18/2008 4/28/2889 300 10,758 1/29/2810 50 12,230 11/02/2012 250 If Dahlia sells 800 shares of Microsoft for $40,000 on December 20, 2018, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculetions.) b. She uses the specific identification method and she wants to minimize her current year capital gain

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