In 2013, Zack bought 100 shares of Atoka Corporation stock for $3,000.
In 2014, he bought another 100 shares of Atoka for $3,300.
In 2024, Zack sold 100 shares of Atoka for $4,000. He did not identify the specific block at the time of sale.
The result of Zack's sale of Atoka stock is a long-term _____.
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Loss of $2,300 |
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Gain of $700 |
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Gain of $1,000 |