The report 000 hechos other Codice More info Cro UN W . 1000 000 www.me OPEN www.000 0.000 www. COLI 1 X pre Requirements a. b. What are the net gains and losses from the above items and their character? What is Brian's AGI for the year assuming he has no other items of income or deduction? Print Done Corporation Sales Proceeds Adjusted Basis When Acquired r the IBM $ 10,000 52 months ago Microsoft 15,000 $ 25,000 32,000 45,000 18 months ago Tidal Radio 12,000 7 months ago Wavetable 20,000 26,000 4 months ago During the year Brian hired a collection agency to collect a $14,000 loan he made to an old friend, which was due in full on January 1 of the current year. The agency found no trace of his friend. Also during the year, BTR Corporation, in which he owns stock, went bankrupt. His investment was worth $94,000 on January 1, he purchased it six years ago for $100,000, and he expects to receive only $8,000 in redemption of his stock. Finally, Brian's salary for the year was $114,000 for his work as an associate professor