Specifically identify the shares of stock

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Reference no: EM13915196

Sandy owned the following lots of Tucson Corporation stock.

Purchase date	No. of shares	Basis
April 1, 2013	100	$ 500
December 8, 2013	100	1,500
March 5, 2014	200	4,000

On April 28, 2015, Sandy sold 200 shares of stock for $8,000. Sandy did not specifically identify the shares of stock sold. What is the recognized gain or loss?

Reference no: EM13915196

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