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AleDj7akarson AleDj7akarson
  • 21-01-2017
  • Mathematics
Answered

Mary sells to her father, robert, her shares in a corp for $55,000. the shares cost mary $80,000. how much loss may mary claim from the sale

Verified Answer :

wrdlyf54
wrdlyf54 wrdlyf54
  • 01-02-2017

Mary Purchase shares  = $80,000
Mary Sells shares = $55,000

Loss she can claim for = $80,000 - $55,000
                                     = $ 25,000

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