Business

Marlon Dunn

7 May, 02:29

Chrissy receives 200 shares of chevron stock as a gift from her father. the stock cost her father $9,000 10 years ago and is worth $10,500 at the date of the gift.

a. if the stock is sold for $12,500, calculate the amount of the gain or loss on the sale. $

b. if the stock is sold for $4,600, calculate the amount of the gain or loss on the sale

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