Business, 17.08.2021 02:20 colton1788
Shen purchased corporate stock for $59,400 on April 10, 2018. On July 14, 2020, when the stock was worth $35,640, Shen died and his son, Mijo, inherited the stock. Mijo sold the stock for $41,580 on November 12, 2020.
What is the amount and character of Mijo’s gain or loss?
$ .
Answers: 2
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Shen purchased corporate stock for $59,400 on April 10, 2018. On July 14, 2020, when the stock was w...
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