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Question 1 Mr. Green makes numerous purchases of his favorite stock, ACME limited. Over the past 2 years the following purchases took place: January 15,
Question 1 Mr. Green makes numerous purchases of his favorite stock, ACME limited. Over the past 2 years the following purchases took place: January 15, 2019 Purchase March 12, 2019 Purchase June 6, 2019 February 14, 2020 Purchase October 1, 2020 Purchase Shares Purchased 600 400 350 815 625 Per Share Value $12.75 14.95 15.25 12.95 13.25 As Mr. Green is sometimes unsure of this stock, he did have some sales over the past 2 years May 1, 2019 sale September 8, 2019 sale May 21, 2020 sale December 1, 2020 Sale Shares sold 310 225 730 250 Selling price per share $15.15 13.75 14.75 18.65 Determine Mr. Park's taxable capital gains (losses) for 2019 and 2020 and the cost of the shares he has on hand at the end 100% JE
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