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Required information [The following information applies to the questions displayed below.] Christina, who is single, purchased 260 shares of Apple Incorporated stock several years ago

image text in transcribed Required information [The following information applies to the questions displayed below.] Christina, who is single, purchased 260 shares of Apple Incorporated stock several years ago for $14,040. During her year-end tax planning, she decided to sell 130 shares of Apple for $6,370 on December 30 . However, two weeks later, Apple introduced its latest iPhone, and she decided that she should buy the 130 shares (cost of $6,630 ) of Apple back before prices skyrocket. Note: Leave no answers blank. Enter zero if applicable. Assume the same facts, except that Christina repurchased only 65 shares for $3,315. Vhat is Christina's deductible loss on the sale of 130 shares? What is her basis in the 65 new hares

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