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The following Information applies to the questions displayed below.] Delrdre sold 175 shares of stock to her brother, James, for $4,550. Delrdre purchased the stock

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The following Information applies to the questions displayed below.] Delrdre sold 175 shares of stock to her brother, James, for $4,550. Delrdre purchased the stock several years ago for $5,950. (Loss amounts should be Indicated by a minus sign.) a. What gain or loss does Deirdre recognize on the sale? (Leave no answer blank. Enter zero if applicable.) Recognized gain or loss

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