Return to question O Required information (The following information applies to the questions displayed below.) During 2021, your clients, Mr. and Mrs. Howell, owned the following investment assets: Broker's Commission E Investment Assets Date Acquired Purchase Price at Time of Purchas 300 shares of IBM common 11/22/2018 $ 10,350 $ 100 200 shares of IBM common 4/3/2019 43,250 300 3,000 shares of Apple preferred 12/12/2019 147,000 11,300 2,100 shares of Cisco common B/14/2020 52,500 550 420 shares of Vanguard mutual fund 3/2/2021 14,700 No-load fund *No commissions are charged when no-load mutual funds are bought and sold. Because of the downturn in the stock market, Mr. and Mrs. Howell decided to sell most of their stocks and the mutual fund in 2021 and to reinvest in municipal bonds. The following investment assets were sold in 2021: Broker's Commission Paid Investment Assets Date Sola Sale Price at Time of Sale 300 shares of IBM common 5/6 $ 13,700 $ 100 3,000 shares of Apple preferred 10/5 221,400 2,000 2,100 shares of Cisco common 8/15 63,250 650 451 shares of Vanguard mutual fund 12/21 15,700 *No commissions are charged when no-load mutual funds are bought and sold. No-load fund