Question: correct? a . Renee recognizes a $ 6 4 , 0 0 0 gain o n the sale o f the stock. b . Chad

correct?
a. Renee recognizes a $64,000 gain on the sale of the stock.
b. Chad recognizes dividend income of $120,000.
c. Renee recognizes a $60,000 gain on the sale of the stock.
d. Chad recognizes dividend income of $30,000.
correct? a . Renee recognizes a $ 6 4 , 0 0 0

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