Dahlia is in the 32 percent tax rate bracket and has purchasedthe following shares of Microsoft common stock over the years: DatePurchased Shares Basis 7/10/2008 490 $ 19,110 4/20/2009 390 17,4721/29/2010 590 19,234 11/02/2012 340 12,988 If Dahlia sells 1,070shares of Microsoft for $63,130 on December 20, 2018, what is hercapital gain or loss in each of the following assumptions? (Do notround intermediate calculations.) a. She uses the FIFO method.
