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$3,000. On October 12 , he sells the original 1,000 shares acquired in 2011 for...

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Accounting

image $3,000. On October 12 , he sells the original 1,000 shares acquired in 2011 for $8,500. On November 1 , he purchases an additional 500 shares for $4,000. Requirement a. What is Mr. Cougar's recognized gain or loss as a result of the sale on October 12

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