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Ten years ago, Ms. Dee purchased 1,400 shares of Fox common stock for $126 per share. On June 2 of the current year she sold

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Ten years ago, Ms. Dee purchased 1,400 shares of Fox common stock for $126 per share. On June 2 of the current year she sold 700 shares for $93 per share. Required: Compute Ms. Dee's recognized loss on sale assuming that: a. She purchased 800 shares of Fox common stock on June 28 for $95 per share. b. She purchased 800 shares of Fox common stock on August 10 for $100 per share. c. Compute Ms. Dee's tax basis in the 800 shares purchased in part a. d. Compute Ms. Dee's tax basis in the 800 shares purchased in part b. Answer is complete but not entirely correct

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