Mary Smith purchased 100 shares of johnson electronics four years ago at $15.00 each. She paid...

 

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Mary Smith purchased 100 shares of johnson electronics four years ago at $15.00 each. She paid a $30 commission on this transaction. She has decided to sell these shares at $25.00 each and will incur a $25 commission on this sale. What is the amount of her capital gain? $945 $1,530 O $2,475 O $2,500 O $3,000 Mary Smith purchased 100 shares of johnson electronics four years ago at $15.00 each. She paid a $30 commission on this transaction. She has decided to sell these shares at $25.00 each and will incur a $25 commission on this sale. What is the amount of her capital gain? $945 $1,530 O $2,475 O $2,500 O $3,000

Answer rating: 100% (QA)

Answer I The answer to the question is a 945 Solut... View the full answer