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Ten years ago, Janine purchased 1 0 0 shares of Mega stock for $ 2 4 5 per share. On September 1 0 of the
Ten years ago, Janine purchased shares of Mega stock for $ per share. On September of the current year, she sold all shares for $ per share.
Required:
Compute Janine's realized and recognized loss on sale assuming that she purchased shares of Mega on October for $ per share.
Compute Janine's realized and recognized loss on sale assuming that she purchased shares of Mega on November for $ per share.
Compute Janine's tax basis in the shares of Mega purchased in part a
Compute Janine's tax basis in the shares of Mega purchased in part b
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