Score: 0 of 1 pt 2 of 6 (1 complete) HW Score: 16.67%, 1 of 6 pts PI:6-46 (similar to) Question Help o Mr. Tiger owns 50,000 shares of Northern Corporation common stock, which it purchased on March 8, 2011, for $250,000. On October 3, 2020, Tiger purchases an additional 15,000 shares for $60,000. On October 12, 2020, he sells the original 50,000 shares for $100,000. On November 1, 2020, he purchases an additional 15,000 shares for $22,500. Read the requirements. Requirement a. What is Mr. Tiger's recognized gain or loss as a result of the sale on October 12, 2020? Amount Gain or loss Gain or loss to be recognized 110000 loss