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$1,300 Agnes sold 50 o rstock eight years ago for $50,000. Steve sold the stock...

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Accounting

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$1,300 Agnes sold 50 o rstock eight years ago for $50,000. Steve sold the stock to an unrelated a. $0 ) $10,000 O shares of ABC stock to her son, Steve, in year 4 for $42,000. She yeari year 6 for $60,000. How much gain will Steve recognize from the sal tor $60,000. How much gain will Steve recognize from the sale in c. $18,000 d. $60,000

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