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This year Barney purchased 680 shares of Bell common stock for $11.00 per share. At year-end the Bell shares were only worth $2.20 per share.

This year Barney purchased 680 shares of Bell common stock for $11.00 per share. At year-end the Bell shares were only worth $2.20 per share. What amount can Barney deduct as a loss this year?

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