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Ten years ago, Ms . Dee purchased 1 , 1 0 0 shares of Fox common stock for $ 1 2 5 per share. On

Ten years ago, Ms. Dee purchased 1,100 shares of Fox common stock for $125 per share. On June 2 of the current year she sold 450 shares for $95 per share.Required:Compute Ms. Dees recognized loss on sale assuming that:She purchased 550 shares of Fox common stock on June 28 for $97 per share.She purchased 550 shares of Fox common stock on August 10 for $102 per share.Compute Ms. Dees tax basis in the 550 shares purchased in part a.Compute Ms. Dees tax basis in the 550 shares purchased in part b.

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