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4/ help me out! During 2022, Roberto sold 700 shares of...

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Accounting

4/ help me out!
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During 2022, Roberto sold 700 shares of Casual Investor Mutual fund for $8.05 per share. The shares were purchased on the following dates: Required: Calculate the gain (loss) on the sale under the following assumptions: a. Basis is calculated using the first-in, first-out method. Note: Round your intermediate computations and final answer to 2 decimal places. b. Basis is calculated using the average cost method (assume all shares are long-term). Note: Round "Average cost" to 3 decimal places. Round other intermediate computations and final answer to 2 decimal pl

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