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Accounting

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Required information
[The following information applies to the questions displayed below.]
Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock (Nasdaq: MSFT) over the years:
If Dahlia sells 1,550 shares of Microsoft for \(\$ 116,250\) on December 20,2024, what is her capital gain or loss in each of the following assumptions?
Note: Do not round intermediate calculations.
b. She uses the specific identification method and she wants to minimize her current-year capital gain.
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