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What is the amount and character of Mijo gain or loss

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Question - Shen purchased corporate stock for $108,850 on April 10, 2017. On July 14, 2019, when the stock was worth $65,310, Shen died and his son, Mijo, inherited the stock. Mijo sold the stock for $76,195 on November 12, 2019.

What is the amount and character of Mijo's gain or loss?

Reference no: EM132438217

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