Ms. crocker bought 1,000 shares of emo corporation stock for $10,000 on january 20, 2017. on december 28, 2018 she sold all 1,000 shares of her emo stock for $9,000. based on a hot tip from her friend, she bought 1,000 shares of emo stock on january 15, 2020 for $7,000. what is ms. crocker’s recognized loss on her 2019 sale and what is her basis in her 1,000 shares purchased in 2020?

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen