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Business, 16.08.2020 14:01 kcnawlay170

On June 1, 2015 Heloise gave Henrietta a gift of stock worth $10,000. Heloise had purchased the stock on January 1, 2015 for $13,000. Henrietta sold the stock to an unrelated party on January 1, 2016 for $13,500. What is the amount and character of Henrietta's gain or loss upon the sale?

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On June 1, 2015 Heloise gave Henrietta a gift of stock worth $10,000. Heloise had purchased the stoc...
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