[The following information applies to the questions displayed below.] Dahlia is in the 32 percent...
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[The following information applies to the questions displayed below.] Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock (Nasdaq: MSFT) over the years: Date Purchased Shares Basis 7/10/2013 570 $ 26,790 4/20/2014 470 24,816 1/29/2015 670 27,202 11/02/2017 420 19,404 If Dahlia sells 1,310 shares of Microsoft for $87,770 on December 20, 2023, what is her capital gain or loss in each of the following assumptions
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