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Sadie sold 11 shares of stock to her brother, George, for $660 16 months ago. Sadie had purchased the stock for $920 two years earlier.
Sadie sold 11 shares of stock to her brother, George, for $660 16 months ago. Sadie had purchased the stock for $920 two years earlier. If George sells the stock for $1180, what is the amount of his recognized long-term capital gain or loss in the current year? (Use only numbers, not dollar signs or punctuation. For loss, use parentheses around the number.)
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