Business, 02.01.2020 21:31 harrisakeeyah

Several years ago, kurt paid $15,000 for 1,000 shares of stock in abc. during the current year abc declares a three-for-one stock split. shortly thereafter, kurt sells 1,000 shares of abc stock for $12,000. his recognized gain on the sale of the 1,000 shares is: a. $7,000.b. $2,000.c. $0.d. $12,000.e. $5,000.

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Several years ago, kurt paid $15,000 for 1,000 shares of stock in abc. during the current year abc d...