Question: Required information Problem 1 1 - 6 7 ( LO 1 1 - 6 ) ( Algo ) Skip to question [ The following information
Required information
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Deirdre sold shares of stock to her brother, James, for $ Deirdre purchased the stock several years ago for $
Note: Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.
Problem Partc Algo
c What amount of gain or loss does James recognize if he sells the stock for $
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