What is the amount of the capital loss realized by narjis

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Reference no: EM133433640

Question: In Year 1, Narjis bought 5,000 shares of Hasbun Inc. at $6.80 per share. On February 5, Year 2, Narjis sold 1,200 of her Hasbun shares at $5.00 per share. On February 7, Year 2, Narjis purchased 800 Hasbun shares at $5.40 per share. What is the amount of the capital loss realized by Narjis in Year 2 as a result of these transactions?

Reference no: EM133433640

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