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What is ms freshs recognized loss on her 2018 sale

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Ms. Fresh bought 1,000 shares of Ibis Corporation stock for $6,500 on January 15, 2016. On December 31, 2018 she sold all 1,000 shares of her Ibis stock for $5,250. Based on a hot tip from her friend, she bought 1,000 shares of Ibis stock on January 23, 2019 for $3,375. What is Ms. Fresh's recognized loss on her 2018 sale and what is her basis in her 1,000 shares purchased in 2019?

Reference no: EM132359990

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