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taxpayer sold 5 0 0 sahres in corporation X for 8 , 0 0 0 on december 3 1 , 2 0 2 3 .

taxpayer sold 500 sahres in corporation X for 8,000 on december 31,2023.they had an ACB of $10000. on feburary 2024 they reacquire 500 shares of corp X for $7500. what is the effect of net income for tax purpose?

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