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Oliver purchased the following stock of Doggie Treats Inc., 2014 2015 2016 10 shares $10...

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Accounting

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Oliver purchased the following stock of Doggie Treats Inc., 2014 2015 2016 10 shares $10 10 shares $12 20 shares$14 If Oliver sold 25 shares of stock in 2016 for $265, what is the loss on the sale of the stock? Assume the shares purchased in 2015 were held for more than one year. O s9.50 short-term loss and $38.00 long-term loss. O $9.50 long-term loss and $38.00 short-term loss. O $8.00 short-term loss and $17.00 long-term loss. $8.00 long-term loss and $17.00 short-term loss

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