[The following information applies to the questions displayed below] George bought the following amounts of...
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[The following information applies to the questions displayed below] George bought the following amounts of Stock A over the years: Note: Loss amounts should be indicated with a minus sign. On October 12,2022 , he sold 1,395 of his shares of Stock A for $38 per share. How much gain/loss will George have to recognize if he uses the FIFO method of accounting for the shares sold? George bought the following amounts of Stock A over the years: Note: Loss amounts should be indicoted with a minus sign. On October 12, 2022, he sold 1,395 of his shares of Stock A for $38 per share. How much gain/loss will George have to recognize if he specifically identifies the shares to be sold by telling his broker to sell all 30 shares from the 5/22/2011 purchase and 515 shares from the 11/21/1996 purchase
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