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Three years ago, Samantha purchased 4 0 0 shares of stock in E Corporation for $ 3 2 , 8 0 0 . On May

Three years ago, Samantha purchased 400 shares of stock in E Corporation for $32,800. On May 10 of year 4, Samantha sells the 400 shares for $28,600.
Part-a
a. What is Samantha's capital gain or loss from the sale on May 10 of year 4?
Part-b
b. Assuming Samantha has no other capital gains or losses, except that on March 20 of year 5, Samantha purchases 400 shares of E Corporation stock for $29,500. How much gain or loss from the sale on May 10 of year 4 is taxable on Samantha's year 4 tax return? What basis does Samantha take in the stock purchased on March 20 of year 5?
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