Norm owned stock with ab of 15k which he sold to his son
Problem
Norm owned stock with AB of $15k which he sold to his son Wayne for $12K. If Wayne sells the stock for $17k, what is the rexognized gain/loss by Wayne?
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problemnorm owned stock with ab of 15k which he sold to his son wayne for 12k if wayne sells the stock for 17k what is
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