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What is janes recognized loss on the sale

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Problem

In 2010, Jane Jones pays $2,500 for 1,000 shares of ABC common stock. On August 27, 2014, Jane purchases an additional 250 shares of ABC common stock for $600. On September 5, 2014, she sells the 1,000 shares purchased in 2010 for $1,800. What is Jane's recognized loss on the sale?

Reference no: EM131786095

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