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Dahlia is in the 32 percent tax rate bracket and has purchased the following shares...

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Accounting

Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock (Nasdaq:MSFT) over the years:
(REFER TO THE CHART)
If Dahlia sells 860 shares of Microsoft for $44,720 on December 20,2023, what is her capital gain or loss in each of the following assumptions?
Note: Do not round intermediate calculations.
a. She uses the FIFO method.
b. She uses the specific identification method and she wants to minimize her current-year capital gain.
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