Question: On November 1 2 , 2 0 2 3 , Hubert Robbins sells 1 0 0 shares of Loser Inc. for $ 1 2 0

On November 12,2023, Hubert Robbins sells 100 shares of Loser Inc. for $120 a share. He had purchased these shares several years ago for $220 each. On November 18,2023, he purchases 80 shares of Loser Inc. for $100 per share. On December 22,2023, he purchases 50 shares of Loser Inc. at $80 a share. What is the ACB of the 130 shares that he owns after the December 22,2023 purchase?
Question 21 options:
$22,000.
$14,000.
$12,000.
$20,000.

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