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  3. 4) ann has the following stock transactions. what

4) Ann has the following stock transactions. What amount is included in her gross income...

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Accounting

4) Ann has the following stock transactions. What amount is included in her gross income if ~she paid a $200 selling commission for each sale?

Purchases: 100 shares of IBM total purchase price $55,000 - 50 shares of ATT Total Purchase price $7,500 50 Shares of GE Total purchase price $5,500

Sales:

Sold 100 shares of IBM for $60,000 Sold 50 shares of ATT for $6,500 What amount should be included as income?

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