In July of 2012, Taylor purchased 2,000 shares of XYZ common stock for $75,000. He then sold 1,000 shares of…

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In July of 2012, Taylor purchased 2,000 shares of XYZ common stock for $75,000. He then sold 1,000 shares of XYZ stock in July of 2013 for $39 per share. The remaining 1,000 shares were finally sold for $50 per share in July 2013
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