Ansel sells 400 shares of Sharpe, Inc., common stock on October 12, 2015, for $11,800 and pays

Question:

Ansel sells 400 shares of Sharpe, Inc., on October 12, 2015, for $11,800 and pays $600 in commissions on the sale. He acquired the stock for $18,400 plus $800 in commissions on July 8, 2014. Ansel owns the following securities in December 2015:

Ansel sells 400 shares of Sharpe, Inc., common stock on

What actions should Ansel take to optimize his capital gains and losses for 2015?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...