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T Purchased the Following Lots of ZYX Corporation Stock T Sold 70 Shares in December, 2012, for $6,300, but
Multiple Choice
T purchased the following lots of ZYX Corporation stock: T sold 70 shares in December, 2012, for $6,300, but was unable to identify specific shares to be sold by certificate number and date of purchase.What was T's adjusted basis in the $30,000 shares sold?
A) $5,200
B) $5,250
C) $5,360
D) $6,300
Correct Answer:

Verified
Correct Answer:
Verified
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