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Several years ago, Minjun, who is single, acquired 1244 stock in Blue Corporation at a cost of $81,200. He sells the Blue stock for $8,120

Several years ago, Minjun, who is single, acquired 1244 stock in Blue Corporation at a cost of $81,200. He sells the Blue stock for $8,120 in the current year.

Determine the amount and nature of Minjun's gain or loss recognized this year. Minjun's sale of Blue Corporation stock produces a total loss of $___________ of which $_____________ is treated as a capital loss.

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