Multiple Choice
Over the past 25 years,Alfred has purchased 380 shares of Green,Inc. ,common stock.His first purchase was in 1987 when he acquired 30 shares for $20 a share.In 1989,Alfred bought 150 shares at $10 a share.In 2008,Alfred acquired 200 shares at $50 a share.Alfred intends to sell 125 shares at $60 per share in the current year.If Alfred's objective is to minimize gain,what is his recognized gain?
A) $1,250.
B) $3,520.
C) $5,950.
D) $6,250.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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