Question: In a complete liquidation where a shareholder has different blocks of stock in terms of cost basis, the shareholder: A . Computes gain or loss

In a complete liquidation where a shareholder has different blocks of stock in terms of cost basis, the shareholder:
A. Computes gain or loss together on all stock.
B. Computes gain only separately on each block of stock.
C Computes loss only separately on each block of stock.
D Always computes gain or loss on a block-by-block method.
In a complete liquidation where a shareholder has

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