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For Business Tutor Here is this one 19.Martin sells a

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For Business Tutor

Here is this one

19.Martin sells a stock investment for $25,000 on August 2, 2010. Martin's adjusted
basis in the stock is $14,000.
a. If Martin acquired the stock on November 15, 2008, calculate the amount
and the nature of the gain or loss.
b. If Martin had acquired the stock on September 11, 2007, calculate the
amount and nature of the gain or loss.

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