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  3. o s120,000 and $80,000, respectively. 3 12 points

O S120,000 and $80,000, respectively. 3 12 points Sarah Connor sold 200 shares of ABC...

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O S120,000 and $80,000, respectively. 3 12 points Sarah Connor sold 200 shares of ABC stock for $22,500. Sarah's investment portfolio includes the following purchases of ABC stock: 2007 100 shares at $100 per share 2009 50 shares at S110 per share 2013 125 shares at S130 per share 2014 75 shares at $125 per share a $3,125 loss no gain or loss a $1,000 loss none of the above a $500 gain 12 points is the tax term used to describe non like-kind property included as part of a like-kind exchange

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