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What bases in the stock is

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Reference no: EM132716042

Problem 1: In 2016 Bobby bought stock in frontier Corp for 2,500$ . in 2017 he receive the return of capital distribution of 600 as a partial return on his investment in 2019 he sold his stock for 3,500. his bases in the stock is

1)3,500
2)3,100
3)2,500
4)1,900

Reference no: EM132716042

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