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natulia [17]
3 years ago
15

Roger inherited 100 shares of Periwinkle stock when his mother, Emily, died. Emily had acquired the stock for a total of $60,000

on November 15, 2015. She died on August 10, 2019, and the shares were worth a total of $55,000 at that time. Roger sold the shares for $36,000 on December 22, 2019. How much gain or loss does Roger recognize? What is the nature of that gain or loss?

Business
1 answer:
Serjik [45]3 years ago
4 0

Answer:

Please see attachment

Explanation:

Please see attachment

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