Chapter 7 Problems A Saved Help Save & Exit Submit Check my work 5 Required information [The following information applies to the questions displayed below.) Part 1 of 2 Three years ago, Adrian purchased 170 shares of stock in X Corp. for $30,090. On December 30 of year 4, Adrian sells the 170 shares for $26,690. (Leave no answers blank. Enter zero if applicable. Loss amounts should be indicated with a minus sign.) 1.85 points a. Assuming Adrian has no other capital gains or losses, how much of the loss is Adrian able to deduct on her year 4 tax return? eBook Print Deductible loss $ (3,400) Chapter 7 Problems Saved Help Save & Exit Submit Check my work 6 Required information [The following information applies to the questions displayed below.) Part 2 of 2 Three years ago, Adrian purchased 170 shares of stock in X Corp. for $30,090. On December 30 of year 4. Adrian sells the 170 shares for $26,690. (Leave no answers blank. Enter zero if applicable. Loss amounts should be indicated with a minus sign.) 1.85 points eBook b. Assuming Adrian has no other capital gains or losses, except that on January 20 of year 5, Adrian purchases 170 shares of X Corp. stock for $26,690. How much loss from the sale on December 30 of year 4 is deductible on Adrian's year 4 tax return? What basis does Adrian take in the stock purchased on January 20 of year 5? Print Deductible loss $ $ (3,400) 37,230 Basis