Question
Emily sold the following Investments during the year:
a.) 1000 shares Dot Com Co., purchased 3-21-2004, sold 2-4-2015, sales price 20,000, cost basis 5,000
b.)500 shares Big Box store, purchased 5-19-2014, sold 1-22-2015, sales price 8,200, cost basis 7,500
c.) 300 shares Lotta Fun Inc., purchased 10-2-2014, date sold 9-21-2015, sales price 3,000, cost basis 4,500
d.) 700 shares Local Gas Co., purchased 6-17-2014, sold 11-11-2015, sales price 14,000, cost basis 17,000
for each Stock, calculate the amount and the nature of the gain or loss.