Business, 12.03.2020 20:30 michelemosbahiow6yya

Christopher sold 320 shares of Cisco stock for $23,360 in the current year. He purchased the shares several years ago for $14,080. Assuming his ordinary income tax rate is 24 percent, and he has no other capital gains or losses, how much tax will he pay on this gain?

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Christopher sold 320 shares of Cisco stock for $23,360 in the current year. He purchased the shares...

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