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[The following information applies to the questions displayed below.] Three years ago, Adrian...

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Accounting

[The following information applies to the questions displayed below.]
Three years ago, Adrian purchased 255 shares of stock in X Corporation for $42,330. On December 30 of year 4, Adrian sells the 255 shares for $37,230.
Note: Leave no answers blank. Enter zero if applicable. Loss amounts should be indicated with a minus sign.
Assuming Adrian has no other capital gains or losses, except that on January 20 of year 5, Adrian purchases 255 shares of x forporation stock for $37,230. How much loss from the sale on December 30 of year 4 is deductible on Adrian's year 4 tax return? What basis does Adrian take in the stock purchased on January 20 of year 5?
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