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Sandy sold 500 shares of Wren Corporation to Bob, her brother, for its fair market value. She had paid $20,000 for the stock Use this
Sandy sold 500 shares of Wren Corporation to Bob, her brother, for its fair market value. She had paid $20,000 for the stock Use this information to answer the following questions. Do not use dollar wigs or corrmas when entering your answers Question 51 Sandy sold the shares to Bob for $20,000. One year later, Bob sold them for $28.000. Bob's recognized gain or loss in: Question 52 Sandy sold the shares to Bob for $20,000. One year later, Bob sold them for $18,000. Bob's recognized gain or loss is: D Question 53 Sandy sold the shares to Bob for $30,000. One year later, Bob sold them for $27,000. Bob's recognized gain or loss is: Question 54 Sandy sold the shares to Bob for $20,000. One year later, Bob sold them for $18,000. Sandy's recognized gain or loss is
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