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Sandy James is an audit manager at a local CPA firm. She owns a condo in town. Sandy has a daughter, Laura, who is age

Sandy James is an audit manager at a local CPA firm. She owns a condo in town. Sandy has a daughter, Laura, who is age 16. Laura lives with her father, Sandys former spouse, and has a part-time job at the mall. Laura received a W-2 from her employer; she earned $4,250 in wages.
Sandy is requesting that you, as one of the staff accountants, handle her tax material for the current year.
Sandy had various stock transactions that qualified as capital gains. The information for these transactions is given in the table below. Complete the table by putting the proper amounts in the indicated cells for gains and losses. If the value of a cell is zero, you must enter a zero ("0") to receive credit for your answer. Use dollar amounts only (i.e., no cents). In the final column, click on the cell and select "ST" from the menu provided if the transaction is short term or "LT" if the transaction is long term.
Sandy James' Capital Transactions
Common Stock Date Acquired Cost Date Sold Sales Price Gain Loss ST or LT
200 shares of L Corp. 2/1/Yr.4 $21,0003/17/Yr.5 $15,000
300 shares of R Corp. 4/18/Yr.44,0004/18/Yr.59,000
100 shares of T Corp. 5/20/Yr.17,8007/22/Yr.54,000
50 shares of T Corp. 8/15/Yr.54,900

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