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Ten years ago, Ms. Dee purchased 1,000 shares of Fox common stock for $124 per share. On June 2 of the current year she sold

Ten years ago, Ms. Dee purchased 1,000 shares of Fox common stock for $124 per share. On June 2 of the current year she sold 500 shares for $92 per share. Compute Ms. Dees recognized loss on sale assuming that:

A. She purchased 600 shares of Fox common stock on June 28 for $94 per share.

B. She purchased 600 shares of Fox common stock on August 10 for $99 per share.

C. Compute Ms. Dees tax basis in the 600 shares purchased in a.

D. Compute Ms. Dees tax basis in the 600 shares purchased in b.

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