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a. What gain or loss does Deirdre recognize on the sale? ...

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Accounting

a. What gain or loss does Deirdre recognize on the sale?
b. What amount of gain or loss does James recognize if he sells the stock for $4,644?
c. What amount of gain or loss does James recognize if he sells the stock for $3,888?
d. What amount of gain or loss does James recognize if he sells the stock for $2,700?
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LHC my work moe! This shows What is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question 13 Part 10 Required information The following information applies to the questions displayed below.) Deirdre sold 108 shares of stock to her brother, James, for $3,132. Deirdre purchased the stock several years ago for $4,320. (Loss amounts should be indicated by a minus sign. Leave no answers blank. Enter zero if applicable.) 15 points a. What gain or loss does Deirdre recognize on the sole? Answer is complete but not entirely correct. Recognid gain or los $ 1,286

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