Question: Chapter 7 Homework Assignment i Saved Help Save & Exit Submit Check my work 10 Problem 7-44 (LO 7-2) (Algo) 1.11 points Sue has 5,350

 Chapter 7 Homework Assignment i Saved Help Save & Exit Submit

Chapter 7 Homework Assignment i Saved Help Save & Exit Submit Check my work 10 Problem 7-44 (LO 7-2) (Algo) 1.11 points Sue has 5,350 shares of Sony stock that have an adjusted basis of $33,170. She sold the 5,350 shares of stock for cash of $14,445, and she also received a piece of land as part of the proceeds. The land was valued at $21,750 and had an adjusted basis to the buyer of $13,050. Skipped What is Sue's gain or loss on the sale of 5,350 shares of Sony stock? eBook Print 10 References

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