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Stefan purchased stock last year as follows: Month Shares Total Cost August 50 $ 5,000 October 70 $7,000 November 85 $8,500 In December of this

Stefan purchased stock last year as follows:

Month

Shares

Total Cost

August

50

$ 5,000

October

70

$7,000

November

85

$8,500

In December of this year 2020, Stefan sells 75 shares for $10,000. Stefan cannot specifically identify the stock sold. The basis for the 75 shares sold is

A) $7,500.

B) $9,550.

C) $10,500.

D) $19,250.1

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