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Sue has 5-000 shares of Sony stock that have an adjusted basis of $27-.pdf

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NathanuBJMcGrathf

Sue has 5.000 shares of Sony stock that have an adjusted basis of $27.500 . She sold the 5.000 shares of stock for cash of $10 , 000 , and she also received a piece of land as part of the proceeds. The land was valued at $20 , 000 and had an adjusted basis to the buyer of $12 , 000 . What is Sue's gain or loss on the sale of 5,000 shares of Sony stock?.

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Sue has 5.000 shares of Sony stock that have an adjusted basis of $27.500 . She sold the 5.000 shares of stock for cash of $10 , 000 , and she also received a piece of land as part of the proceeds. The land was valued at $20 , 000 and had an adjusted basis to the buyer of $12 , 000 . What is Sue's gain or loss on the sale of 5,000 shares of Sony stock?

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Sue has 5-000 shares of Sony stock that have an adjusted basis of $27-.pdf

  • 1. Sue has 5.000 shares of Sony stock that have an adjusted basis of $27.500 . She sold the 5.000 shares of stock for cash of $10 , 000 , and she also received a piece of land as part of the proceeds. The land was valued at $20 , 000 and had an adjusted basis to the buyer of $12 , 000 . What is Sue's gain or loss on the sale of 5,000 shares of Sony stock?