John purchased stock on 7/11/21 for $1,000. He sells the stock for $4,000 on 12/30/21....
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Accounting
John purchased stock on 7/11/21 for $1,000. He sells the stock for $4,000 on 12/30/21. What is his gain on this transaction?
| $3,000 1231 Gain | ||
| $3,000 Ordinary Gain | ||
| $3,000 Short Term Capital Gain | ||
| $3,000 Long Term Capital Gain |
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