Question: A. She uses the FIFO method B. She uses the specific identification method and she wants to minimize her current-year capital gain. Required information [The
Required information [The following information applies to the questions displayed below) Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years Date Purchased Shares 7/10/2010 4.40 4/20/2011 340 1/29/2012 540 11/02/2014 290 Basis $ 14,960 13,532 14,904 9,628 If Dahlia sells 920 shares of Microsoft for $49,680 on December 20, 2020, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.)
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